BSV Intel the signal, daily
Edition 78
Tuesday · May 19, 2026
BSV Network · 24 hours ending May 19, 10:15 UTC

Edition 78

Edited by Bridget Doran · Scanned 10:32 UTC, May 19 · Blocks 949,623 → 949,766 · 4,488,696 transactions
Largest move
$602K
40,222 BSV · whale tier
Avg block time
10.6min
near schedule
Throughput
49tx/s
peak 657 tx/s
BSV price
$14.96
▲ 0.3% · 24h
№ 01 Chain Health

8 pools, on schedule

8 pools produced today's 144 blocks at an average interval of 10.6 min — on schedule relative to the 10-minute target.

7.2 min
Median interval
half the blocks faster
54
Fast blocks1
under 5 min
394,243
Largest block
block 949,722
Fast and slow blocks are an expected feature of Proof of Work, not a defect. Block timing follows a Poisson process (random spacing around a steady average), so clusters of fast or slow blocks happen even when hashrate is unchanged.
Block cadence · 144 blocks · 25.2h
Fast (<5 min) · 54 Normal · 70 Slow (>20 min) · 20
For the technical reader

Block timing. Mean interval 635.0 seconds (10.6 min) over 143 measured intervals across 144 blocks; median 433 seconds (7.2 min). Range 3 s to 4273 s (71.2 min).

Cadence. Average interval 10.6 min — on schedule relative to the 10-minute target. 8 pools produced today's blocks.

Largest block. Block 949,722 at 394,243 transactions, the peak load in the window. Avg tx/block across all 144 blocks was 31,172.

№ 02 Mining Distribution

8 pools produced today's 144 blocks

taal.com led at 26.4%. Distribution within normal range.

taal.com 26.4%
qdlnk 14.6%
CUVVE 14.6%
SA100 12.5%
GorillaPool 10.4%
Kryptex 8.3%
taal.com_Teranode 6.9%
molepool.com 4.2%
For the technical reader

Pool identification is by coinbase signature; pools that don't sign or use unrecognized tags appear as untagged producers. The _Teranode suffix (e.g., taal.com_Teranode) marks blocks attributed to a pool running the Teranode node software — based on observable signals in the block data, not a formal protocol marker. GorillaPool.io may also be running a Teranode (observed in the Teranode explorer); when blocks become attributable to that node, they would appear with the suffix as well.

Block counts: taal.com 38, qdlnk 21, CUVVE 21, SA100 18, GorillaPool 15, Kryptex 12, taal.com_Teranode 10, molepool.com 6. 141 of 144 blocks identified.

№ 03 Capital Flow

402 movements crossed the chain

3 of them moved more than 10,000 BSV, a combined ~$1.5 million at today's price.

3
Major
> 10K BSV
~$149,600+
15
Notable
1K – 10K BSV
~$14,960 – 149,600
384
Significant
100 – 1K BSV
~$1,496 – 14,960
Top movements
40,222.00BSV
≈ $601,721 59c5ecd1a7…
1 → 2 Neutral
40,221.00BSV
≈ $601,706 1bb9784434…
1 → 2 Neutral
20,004.42BSV
≈ $299,266 9d1b37b1b9…
1 → 4 Neutral
5,228.33BSV
≈ $78,216 fd2e0e8ca9…
1 → 2 Neutral
For the technical reader

Tier thresholds. Major > 10K BSV; Notable 1K – 10K BSV; Significant 100 – 1K BSV. Counts are unique transactions in the 24-hour window moving value within these bands; the 100-BSV floor excludes ordinary day-to-day payments.

Shape is input-count → output-count. Pattern is heuristic:

Neutral: typical payment shape (1→2 or 2→2, one payment + change).
Consolidation: many inputs, few outputs (UTXO cleanup or sweep).
Distribution: few inputs, many outputs (payouts, faucet, batch send).

№ 04 Throughput & Market
BSV / USD
$14.96
▲ 0.3% over 24h
Throughput, avg
49tx/s
peak 657 tx/s · 10-min window
Avg tx / block31,172
Max tx / block394,243
Total transactions4,488,696
10-min peak394,243
For the technical reader

TPS is computed over the 25.2 hours of the scan window in 10-minute intervals, not per block. The peak is the busiest 10-minute window observed (394,243 transactions, ≈ 657 tx/s for that window).

Price source: real-time quote at scan completion. 24h change is from a rolling 24-hour spot reference.

№ 05 Transaction Velocity

Activity by hour, across 27 hours

4,488,696 transactions mapped to 10-minute windows. The brightest cell is the busiest window of the day.

09121518210003060911:00:10:20:30:40:5009:00 UTC — 32,730 txs09:10 UTC — 0 txs09:20 UTC — 0 txs09:30 UTC — 195,726 txs196k09:40 UTC — 83,685 txs09:50 UTC — 121,611 txs10:00 UTC — 67,676 txs10:10 UTC — 49,375 txs10:20 UTC — 71,460 txs10:30 UTC — 0 txs10:40 UTC — 18,351 txs10:50 UTC — 0 txs11:00 UTC — 146,191 txs11:10 UTC — 0 txs11:20 UTC — 11,598 txs11:30 UTC — 84,005 txs11:40 UTC — 1,311 txs11:50 UTC — 8,440 txs12:00 UTC — 2,226 txs12:10 UTC — 0 txs12:20 UTC — 0 txs12:30 UTC — 100,036 txs12:40 UTC — 0 txs12:50 UTC — 134,089 txs13:00 UTC — 0 txs13:10 UTC — 0 txs13:20 UTC — 0 txs13:30 UTC — 183,296 txs183k13:40 UTC — 0 txs13:50 UTC — 0 txs14:00 UTC — 0 txs14:10 UTC — 0 txs14:20 UTC — 191,930 txs192k14:30 UTC — 1,539 txs14:40 UTC — 469 txs14:50 UTC — 716 txs15:00 UTC — 0 txs15:10 UTC — 23,149 txs15:20 UTC — 0 txs15:30 UTC — 0 txs15:40 UTC — 86,693 txs15:50 UTC — 0 txs16:00 UTC — 134,575 txs16:10 UTC — 39,630 txs16:20 UTC — 50,551 txs16:30 UTC — 1,177 txs16:40 UTC — 28,131 txs16:50 UTC — 14,578 txs17:00 UTC — 2,262 txs17:10 UTC — 0 txs17:20 UTC — 6,174 txs17:30 UTC — 1,220 txs17:40 UTC — 3 txs17:50 UTC — 0 txs18:00 UTC — 12,861 txs18:10 UTC — 1,971 txs18:20 UTC — 1,703 txs18:30 UTC — 0 txs18:40 UTC — 4,181 txs18:50 UTC — 0 txs19:00 UTC — 3,010 txs19:10 UTC — 0 txs19:20 UTC — 54,238 txs19:30 UTC — 0 txs19:40 UTC — 71,076 txs19:50 UTC — 57,059 txs20:00 UTC — 1,222 txs20:10 UTC — 0 txs20:20 UTC — 0 txs20:30 UTC — 34,816 txs20:40 UTC — 3,343 txs20:50 UTC — 833 txs21:00 UTC — 2,259 txs21:10 UTC — 1,964 txs21:20 UTC — 1,024 txs21:30 UTC — 0 txs21:40 UTC — 0 txs21:50 UTC — 4,096 txs22:00 UTC — 0 txs22:10 UTC — 3,058 txs22:20 UTC — 39,583 txs22:30 UTC — 34,485 txs22:40 UTC — 68,356 txs22:50 UTC — 39,749 txs23:00 UTC — 97,557 txs23:10 UTC — 93,626 txs23:20 UTC — 13,986 txs23:30 UTC — 115,768 txs23:40 UTC — 83,403 txs23:50 UTC — 57,373 txs00:00 UTC — 37,319 txs00:10 UTC — 0 txs00:20 UTC — 198,533 txs199k00:30 UTC — 5 txs00:40 UTC — 0 txs00:50 UTC — 0 txs01:00 UTC — 102,400 txs01:10 UTC — 0 txs01:20 UTC — 0 txs01:30 UTC — 34,978 txs01:40 UTC — 0 txs01:50 UTC — 0 txs02:00 UTC — 0 txs02:10 UTC — 394,243 txs394k02:20 UTC — 4,298 txs02:30 UTC — 2,952 txs02:40 UTC — 2,980 txs02:50 UTC — 0 txs03:00 UTC — 0 txs03:10 UTC — 9,436 txs03:20 UTC — 3,209 txs03:30 UTC — 0 txs03:40 UTC — 4,096 txs03:50 UTC — 0 txs04:00 UTC — 3,905 txs04:10 UTC — 1,036 txs04:20 UTC — 0 txs04:30 UTC — 62,544 txs04:40 UTC — 0 txs04:50 UTC — 142,741 txs05:00 UTC — 0 txs05:10 UTC — 3,020 txs05:20 UTC — 0 txs05:30 UTC — 20 txs05:40 UTC — 4,932 txs05:50 UTC — 1,232 txs06:00 UTC — 0 txs06:10 UTC — 0 txs06:20 UTC — 4,713 txs06:30 UTC — 0 txs06:40 UTC — 4,094 txs06:50 UTC — 0 txs07:00 UTC — 1,733 txs07:10 UTC — 2,059 txs07:20 UTC — 0 txs07:30 UTC — 0 txs07:40 UTC — 0 txs07:50 UTC — 0 txs08:00 UTC — 0 txs08:10 UTC — 0 txs08:20 UTC — 41 txs08:30 UTC — 265,593 txs266k08:40 UTC — 61,903 txs08:50 UTC — 48,109 txs09:00 UTC — 32,225 txs09:10 UTC — 1,374 txs09:20 UTC — 131,402 txs09:30 UTC — 0 txs09:40 UTC — 124,353 txs09:50 UTC — 0 txs10:00 UTC — 0 txs10:10 UTC — 15 txs10:20 UTC — 0 txs10:30 UTC — 0 txs10:40 UTC — 0 txs10:50 UTC — 0 txs11:00 UTC — 0 txs11:10 UTC — 0 txs11:20 UTC — 0 txs11:30 UTC — 0 txs11:40 UTC — 0 txs11:50 UTC — 0 txsActivity:High
Peak 10-min window: 394,243 txs Coverage: 144 blocks · 25.2h 05-18 09:01 UTC → 05-19 10:15 UTC
For the technical reader

Dark cells indicate 10-minute windows where no block was mined: a natural result of the Poisson process governing Proof of Work.2 Transactions broadcast during those windows appear in the next mined block.

Each row = one hour of the scan. Each column = a 10-minute bucket within that hour. Read left-to-right within a row, then down to the next hour.

Poisson process. A random event process where events occur independently at a stable average rate, but with unpredictable spacing. Block times have a 10-minute average but individual intervals scatter widely; that's not a bug, it's how the math works.
№ 06 On-chain Activity

9.2 million outputs, by purpose

The TxBlaster service produced 98.1% of transactions, posting paired payment and data-publication outputs continuously. The breakdown below isolates the remaining 1.9% so other activity is readable.

A note on storage. OP_RETURN data is prunable: nodes can discard it without breaking consensus, but reading it back requires running an indexer. UTXO-resident patterns (STAS tokens, spendable metadata, ordinal envelopes) remain in the chain's state and are recoverable from any pruned node. As BSV scales, the architectural direction is toward UTXO-resident data, not OP_RETURN.
All transactions, by source
TxBlaster · 98.1%
1.9%
4,404,132 tx 84,564 tx · all other
Excluding TxBlaster3 · 436,886 outputs
Payment 83.7% 365,561
P2PKH 353,396 · P2PK 12,100 · Multisig 65
Data Publication 15.6% 68,063
OP_RETURN 67,760 · Ordinal envelopes 282 · Spendable metadata 21
Contracts & Tokens 0.75% 3,262
STAS Gen 3: 3,205 · Custom locking: 57 · 7 unique structures
TxBlaster is an identified, automated service that posts paired P2PK + OP_RETURN transactions continuously. We count it separately not because it's less legitimate (every fee-paid valid transaction is real chain activity), but because at 98% of transaction count today, it would visually overwhelm everything else. The numbers above show what the other activity looks like.
For the technical reader

Purpose classifies outputs by what they're locked to:

Payment: P2PKH, P2PK, multisig (spendable value).
Data Publication: OP_RETURN, ordinal envelopes, spendable metadata (carrying data).
Contracts: STAS tokens, custom locking scripts (programmable spend conditions).

Spendable metadata (heuristic): scripts with signature verification followed by data removed via OP_DROP. Metadata isn't consumed by validation logic but remains on-chain in the UTXO set.

Unique structures: a contract structure is a normalized script skeleton with variable data (hashes, signatures, pubkeys) removed. 7 unique structures observed today across 3,262 contract outputs.

№ 07 Protocols & Content

What people published, and how it was framed

Open standards used to format data on-chain, and the MIME types declared in those publications.

Protocol · open standards defining data format
STAS 3,140Metanet4 2,010MAP 1,679B:// 770AIP 3291Sat-Ordinal 283BSV-21 148OPUB 84
Metanet (the original). The 2018-2019 nChain protocol: a 4-byte "meta" push in OP_RETURN that defines a DAG of parent-txid-linked records. Not to be confused with the newer BRC-100 "Metanet" wallet/overlay ecosystem, which uses the same word for a different thing.
Content Type · MIME types in declared inscriptions
text/plain 394text/markdown 320application/bsv-20 150image/webp 83application/json 74text/html 38image/jpeg 36image/png 27
For the technical reader

Content Types are MIME declarations sourced from two structures: ordinal envelopes (1Sat-style spendable inscriptions) and B:// protocol OP_RETURN publications. Outputs that don't declare a MIME type aren't counted here.

application/bsv-20 covers both BSV-20 and BSV-21: both protocols declare "p":"bsv-20" in their JSON and most inscriptions inherit the legacy MIME type. Protocol differentiation happens via JSON fields (tick = BSV-20 ticker mode; sym/id = BSV-21 tickerless mode).

№ 08 Overlay Directory

75 endpoints across the federation, 1 new this window

BRC-88 topic registrations announce who is hosting which overlay services on chain.

SHIP · intake side
43endpoints
across 51 topics
SLAP · query side
32endpoints
across 46 topics
Top topic managers · SHIP (of 51)
tm_uhrp 7tm_users 7tm_template 5tm_basketmap 4tm_protomap 4
Top lookup services · SLAP (of 46)
ls_uhrp 5ls_users 5ls_template 5ls_identity 3ls_basketmap 3
Directory topics tm_ship (21) · tm_slap (21) · ls_ship (6) · ls_slap (6)
New this window · 1 advertisement
SHIP
tm_identity
operator 03174a978bf337e3… · backend.f8ad4f88d28eff5fd4ab1411e2520a31.projects.babbage.systems
949,675
For the technical reader

BRC-88 SHIP/SLAP. Topic registrations on chain that announce which overlay services a node hosts. SHIP is the intake side (which topics this node accepts); SLAP is the query side (which topics this node can answer for).

endpoints = unique (URL, identity key) pairs. advertisements = signed unspent UTXOs on chain, each declaring one endpoint hosts one topic. topics = named overlay services like tm_uhrp or ls_ship.

Snapshot from 2026-05-19 11:15 UTC. Counts come from the four trackers hardcoded into the BSV SDK (overlay-us-1, overlay-eu-1, overlay-ap-1, users.bapp.dev). BSV apps query these to find which servers host the overlay topics they need.

№ 09 Identifiable Activity

Applications and tokens with recognizable fingerprints

GaiaLog led identifiable activity at 59,245 transactions. Most chain activity carries no such identifier; the names below are services whose on-chain shape is recognizable from prior analysis.

GaiaLog 59,245TreeChat 1,046dxs 735ButterCup 469MNEE 145OYO 32BSV Live Master 31mintBlue 303D Ordi 15Neucron 9ForgeChain 7Indelible 4memo.cash 3maplock 1
Application Token Media / NFT
For the technical reader

Patterns are matched against a curated catalog of known protocols and application signatures: MAP tags, B:// envelopes, AIP, OPUB, ordinal mime declarations, custom STAS structures. Some come from WoC tags; others are identified through analysis. New patterns are added editorially as they emerge.

Counts are unique transactions touching each application's recognizable structures. A transaction can match more than one pattern.

№ 10 Script of the Day

Standard Payment (P2PKH)

P2PKH · selected from 353,396 candidates

Standard Payment (P2PKH) with a 25-byte payload

What it does. This script locks coins to a hash (fingerprint) of a public key. To spend them, the spender must reveal the public key and provide a valid signature proving they control the matching private key.

Why it matters. This template forms the standard payment mechanism in the original Bitcoin design and is widely used by wallets.

TX b694d0da3e… Block 949,623 25 script bytes
Opcodes used
DUPHASH160EQUALVERIFYCHECKSIG
Script preview
OP_DUP OP_HASH160 d24ceb8413b639dd875e4743ec27154d80a2af3c OP_EQUALVERIFY OP_CHECKSIG
Skeleton
OP_DUP OP_HASH160 <DATA> OP_EQUALVERIFY OP_CHECKSIG
For the technical reader

Selection is editorial: one script per day from a curated category (Data Carrier, Token Mint, Complex Contract, Hash Puzzle, etc.). Candidate count shows how many similar scripts appeared in the same window.

The script preview above is the actual on-chain ASM (truncated for display); the skeleton normalizes pushes to <DATA> for pattern comparison across transactions. Opcodes shown are the unique ones present in the script, not the sequence order.

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