BSV Intel the signal, daily
Edition 79
Wednesday · May 20, 2026
BSV Network · 24 hours ending May 20, 10:15 UTC

Edition 79

Edited by Bridget Doran · Scanned 10:32 UTC, May 20 · Blocks 949,789 → 949,932 · 3,640,313 transactions
Largest move
$599K
40,220 BSV · whale tier
Avg block time
8.7min
near schedule
Throughput
49tx/s
peak 426 tx/s
BSV price
$14.89
▼ 0.4% · 24h
№ 01 Chain Health

8 pools, on schedule

8 pools produced today's 144 blocks at an average interval of 8.7 min — on schedule relative to the 10-minute target.

5.8 min
Median interval
half the blocks faster
64
Fast blocks1
under 5 min
255,577
Largest block
block 949,844
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 · 20.8h
Fast (<5 min) · 64 Normal · 65 Slow (>20 min) · 15
For the technical reader

Block timing. Mean interval 524.5 seconds (8.7 min) over 143 measured intervals across 144 blocks; median 347 seconds (5.8 min). Range 4 s to 2486 s (41.4 min).

Cadence. Average interval 8.7 min — on schedule relative to the 10-minute target. 8 pools produced today's blocks.

Largest block. Block 949,844 at 255,577 transactions, the peak load in the window. Avg tx/block across all 144 blocks was 25,280.

№ 02 Mining Distribution

8 pools produced today's 144 blocks

taal.com led at 18.8%. Distribution within normal range.

taal.com 18.8%
GorillaPool 13.9%
CUVVE 13.9%
Kryptex 13.2%
qdlnk 12.5%
SA100 9%
Mining-Dutch 7.6%
molepool.com 6.9%
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 27, GorillaPool 20, CUVVE 20, Kryptex 19, qdlnk 18, SA100 13, Mining-Dutch 11, molepool.com 10. 138 of 144 blocks identified.

№ 03 Capital Flow

249 movements crossed the chain

3 of them moved more than 10,000 BSV, a combined ~$1.2 million at today's price.

3
Major
> 10K BSV
~$148,900+
35
Notable
1K – 10K BSV
~$14,890 – 148,900
211
Significant
100 – 1K BSV
~$1,489 – 14,890
Top movements
40,220.00BSV
≈ $598,876 861af74f9d…
1 → 2 Neutral
30,220.00BSV
≈ $449,976 4b86fa5e51…
1 → 2 Neutral
10,005.98BSV
≈ $148,989 f7e0ff25d2…
2 → 2 Neutral
10,000.00BSV
≈ $148,900 1b1042e50f…
1 → 1 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
$14.89
▼ 0.4% over 24h
Throughput, avg
49tx/s
peak 426 tx/s · 10-min window
Avg tx / block25,280
Max tx / block255,577
Total transactions3,640,313
10-min peak255,577
For the technical reader

TPS is computed over the 20.8 hours of the scan window in 10-minute intervals, not per block. The peak is the busiest 10-minute window observed (255,577 transactions, ≈ 426 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 23 hours

3,640,313 transactions mapped to 10-minute windows. The brightest cell is the busiest window of the day.

131619220104071011:00:10:20:30:40:5013:00 UTC — 0 txs13:10 UTC — 0 txs13:20 UTC — 119,937 txs120k13:30 UTC — 16,716 txs13:40 UTC — 0 txs13:50 UTC — 0 txs14:00 UTC — 1,752 txs14:10 UTC — 911 txs14:20 UTC — 101 txs14:30 UTC — 5,495 txs14:40 UTC — 2,097 txs14:50 UTC — 1,937 txs15:00 UTC — 894 txs15:10 UTC — 349 txs15:20 UTC — 0 txs15:30 UTC — 2,562 txs15:40 UTC — 0 txs15:50 UTC — 12,935 txs16:00 UTC — 166,657 txs167k16:10 UTC — 0 txs16:20 UTC — 21,790 txs16:30 UTC — 0 txs16:40 UTC — 8,319 txs16:50 UTC — 96,267 txs17:00 UTC — 0 txs17:10 UTC — 218,481 txs218k17:20 UTC — 0 txs17:30 UTC — 0 txs17:40 UTC — 84,450 txs17:50 UTC — 899 txs18:00 UTC — 1,210 txs18:10 UTC — 196 txs18:20 UTC — 0 txs18:30 UTC — 0 txs18:40 UTC — 2,992 txs18:50 UTC — 882 txs19:00 UTC — 34 txs19:10 UTC — 73,672 txs19:20 UTC — 65,257 txs19:30 UTC — 55,880 txs19:40 UTC — 0 txs19:50 UTC — 0 txs20:00 UTC — 112,820 txs113k20:10 UTC — 96,214 txs20:20 UTC — 568 txs20:30 UTC — 29 txs20:40 UTC — 120,867 txs121k20:50 UTC — 31,511 txs21:00 UTC — 0 txs21:10 UTC — 0 txs21:20 UTC — 178,685 txs179k21:30 UTC — 74,922 txs21:40 UTC — 0 txs21:50 UTC — 177,143 txs177k22:00 UTC — 0 txs22:10 UTC — 0 txs22:20 UTC — 0 txs22:30 UTC — 255,577 txs256k22:40 UTC — 68,719 txs22:50 UTC — 0 txs23:00 UTC — 0 txs23:10 UTC — 86,774 txs23:20 UTC — 668 txs23:30 UTC — 14,620 txs23:40 UTC — 414 txs23:50 UTC — 10,393 txs00:00 UTC — 1,290 txs00:10 UTC — 917 txs00:20 UTC — 8 txs00:30 UTC — 39,934 txs00:40 UTC — 0 txs00:50 UTC — 159,630 txs160k01:00 UTC — 0 txs01:10 UTC — 0 txs01:20 UTC — 0 txs01:30 UTC — 19 txs01:40 UTC — 160,824 txs161k01:50 UTC — 41,477 txs02:00 UTC — 69,172 txs02:10 UTC — 0 txs02:20 UTC — 84,761 txs02:30 UTC — 2,703 txs02:40 UTC — 7,733 txs02:50 UTC — 5,128 txs03:00 UTC — 16,229 txs03:10 UTC — 384 txs03:20 UTC — 289 txs03:30 UTC — 12,166 txs03:40 UTC — 3,839 txs03:50 UTC — 3,367 txs04:00 UTC — 1,113 txs04:10 UTC — 1 txs04:20 UTC — 0 txs04:30 UTC — 4,719 txs04:40 UTC — 1,932 txs04:50 UTC — 4 txs05:00 UTC — 0 txs05:10 UTC — 3,190 txs05:20 UTC — 1,656 txs05:30 UTC — 1,317 txs05:40 UTC — 0 txs05:50 UTC — 1,400 txs06:00 UTC — 0 txs06:10 UTC — 19 txs06:20 UTC — 19,131 txs06:30 UTC — 0 txs06:40 UTC — 0 txs06:50 UTC — 168,701 txs169k07:00 UTC — 0 txs07:10 UTC — 0 txs07:20 UTC — 0 txs07:30 UTC — 0 txs07:40 UTC — 15,096 txs07:50 UTC — 75,152 txs08:00 UTC — 0 txs08:10 UTC — 111,076 txs111k08:20 UTC — 13,661 txs08:30 UTC — 106 txs08:40 UTC — 28 txs08:50 UTC — 19,129 txs09:00 UTC — 0 txs09:10 UTC — 5,418 txs09:20 UTC — 0 txs09:30 UTC — 237,504 txs238k09:40 UTC — 95,844 txs09:50 UTC — 42,624 txs10:00 UTC — 18,788 txs10:10 UTC — 238 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: 255,577 txs Coverage: 144 blocks · 20.8h 05-19 13:25 UTC → 05-20 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

7.5 million outputs, by purpose

The TxBlaster service produced 97.6% of transactions, posting paired payment and data-publication outputs continuously. The breakdown below isolates the remaining 2.4% 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 · 97.6%
2.4%
3,552,103 tx 88,210 tx · all other
Excluding TxBlaster3 · 375,149 outputs
Payment 74.2% 278,277
P2PKH 269,055 · P2PK 9,200 · Multisig 22
Data Publication 25.7% 96,575
OP_RETURN 95,979 · Ordinal envelopes 546 · Spendable metadata 50
Contracts & Tokens 0.08% 297
STAS Gen 3: 79 · Custom locking: 218 · 5 unique structures

Of 96,872 non-payment outputs in this window, 99.1% were prunable (OP_RETURN) and 0.9% were UTXO-resident. Pruning is permitted by consensus today but not generally practiced — the architectural advantage of UTXO-resident data materializes as throughput scales toward Teranode-class capacity.

Method · how non-payment outputs are embedded
OP_RETURN 95,979Spendable metadata 50Ordinal envelope 546STAS Gen 3 79Custom locking 218
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. 5 unique structures observed today across 297 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
Metanet4 1,359MAP 1,182B:// 7171Sat-Ordinal 545BSV-21 360AIP 351STAS 46OPUB 21
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
application/bsv-20 360text/markdown 344text/plain 279image/webp 112application/json 74image/jpeg 56text/html 34image/png 25
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
SLAP
ls_meter
operator 03a356f4373c8c4a… · backend.161a4f0f091010a0f8a34a5d1d1b9dd7.projects.babbage.systems
949,837
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 2026-05-20 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 40,982 transactions. Most chain activity carries no such identifier; the names below are services whose on-chain shape is recognizable from prior analysis.

GaiaLog 40,982TreeChat 942dxs 560MNEE 350mintBlue 1093D Ordi 86OYO 63BSV Feed/View 25BSV Live Master 14CASHEIO 9ForgeChain 8ButterCup 7Indelible 4maplock 2Neucron 2memo.cash 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

Data Carrier (OP_RETURN)

DATA_CARRIER · selected from 3,648,082 candidates

Data Carrier (OP_RETURN) with a 360-byte payload

What it does. This script begins with OP_RETURN, which terminates execution and marks the output as unspendable. The remaining bytes carry arbitrary data.

Why it matters. Currently the most common method for data publication. Used by protocols like B://, MAP, AIP, and TreeChat for files, metadata, and social content.

TX 873b814837… Block 949,789 360 script bytes
Opcodes used
0
Script preview
OP_0 046d65746122314d5867716f477634777a663939554e6648536873596e57505079664a797336736d40616431396265373033623464343832613936393436663633633138636266313134323330633730343561303738343639653533333330376437396538306266362432326234363665332d333631662d346533612d613637362d643335346636613235626335067e7472656
Skeleton
OP_0 <DATA>
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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