BSV Intel the signal, daily
Edition 80
Thursday · May 21, 2026
BSV Network · 24 hours ending May 21, 10:26 UTC

Edition 80

Edited by Bridget Doran · Scanned 10:40 UTC, May 21 · Blocks 949,906 → 950,049 · 7,342,831 transactions
Largest move
$269K
18,129 BSV · whale tier
Avg block time
12.3min
near schedule
Throughput
70tx/s
peak 595 tx/s
BSV price
$14.84
▼ 0.1% · 24h
№ 01 Chain Health

8 pools, a touch slow

8 pools produced today's 144 blocks at an average interval of 12.3 min — a touch slow relative to the 10-minute target.

8.9 min
Median interval
half the blocks faster
49
Fast blocks1
under 5 min
356,965
Largest block
block 950,016
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 · 29.3h
Fast (<5 min) · 49 Normal · 65 Slow (>20 min) · 30
For the technical reader

Block timing. Mean interval 736.9 seconds (12.3 min) over 143 measured intervals across 144 blocks; median 532 seconds (8.9 min). Range 1 s to 2909 s (48.5 min). One sub-3-second interval observed.

Cadence. Average interval 12.3 min — a touch slow relative to the 10-minute target. 8 pools produced today's blocks.

Largest block. Block 950,016 at 356,965 transactions, the peak load in the window. Avg tx/block across all 144 blocks was 50,992.

№ 02 Mining Distribution

8 pools produced today's 144 blocks

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

taal.com 18.8%
CUVVE 18.8%
GorillaPool 18.8%
qdlnk 13.2%
SA100 11.8%
Kryptex 10.4%
taal.com_Teranode 3.5%
Mining-Dutch 3.5%
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, CUVVE 27, GorillaPool 27, qdlnk 19, SA100 17, Kryptex 15, taal.com_Teranode 5, Mining-Dutch 5. 142 of 144 blocks identified.

№ 03 Capital Flow

368 movements crossed the chain

2 of them moved more than 10,000 BSV, a combined ~$417,434 at today's price.

2
Major
> 10K BSV
~$148,400+
40
Notable
1K – 10K BSV
~$14,840 – 148,400
326
Significant
100 – 1K BSV
~$1,484 – 14,840
Top movements
18,128.98BSV
≈ $269,034 f486b64009…
2 → 2 Neutral
10,000.03BSV
≈ $148,400 fb68846d24…
1 → 2 Neutral
8,130.98BSV
≈ $120,664 824745f51c…
1 → 2 Neutral
7,711.65BSV
≈ $114,441 10a78fb4f1…
20 → 3 Complex
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
$14.84
▼ 0.1% over 24h
Throughput, avg
70tx/s
peak 595 tx/s · 10-min window
Avg tx / block50,992
Max tx / block356,965
Total transactions7,342,831
10-min peak356,965
For the technical reader

TPS is computed over the 29.3 hours of the scan window in 10-minute intervals, not per block. The peak is the busiest 10-minute window observed (356,965 transactions, ≈ 595 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 31 hours

7,342,831 transactions mapped to 10-minute windows. The brightest cell is the busiest window of the day.

0508111417202302050811:00:10:20:30:40:5005:00 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 txs08:20 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 — 787 txs10:40 UTC — 9 txs10:50 UTC — 37,213 txs11:00 UTC — 13 txs11:10 UTC — 0 txs11:20 UTC — 124,001 txs11:30 UTC — 0 txs11:40 UTC — 40,032 txs11:50 UTC — 363 txs12:00 UTC — 0 txs12:10 UTC — 474 txs12:20 UTC — 0 txs12:30 UTC — 732 txs12:40 UTC — 0 txs12:50 UTC — 0 txs13:00 UTC — 73,232 txs13:10 UTC — 84,392 txs13:20 UTC — 0 txs13:30 UTC — 92,856 txs13:40 UTC — 51,958 txs13:50 UTC — 0 txs14:00 UTC — 0 txs14:10 UTC — 27 txs14:20 UTC — 296,110 txs296k14:30 UTC — 0 txs14:40 UTC — 68,809 txs14:50 UTC — 97,778 txs15:00 UTC — 34,816 txs15:10 UTC — 638 txs15:20 UTC — 0 txs15:30 UTC — 55,088 txs15:40 UTC — 16,765 txs15:50 UTC — 0 txs16:00 UTC — 0 txs16:10 UTC — 280,865 txs281k16:20 UTC — 0 txs16:30 UTC — 0 txs16:40 UTC — 56,320 txs16:50 UTC — 0 txs17:00 UTC — 64,384 txs17:10 UTC — 35,840 txs17:20 UTC — 0 txs17:30 UTC — 0 txs17:40 UTC — 0 txs17:50 UTC — 39,019 txs18:00 UTC — 12,576 txs18:10 UTC — 46,757 txs18:20 UTC — 0 txs18:30 UTC — 0 txs18:40 UTC — 0 txs18:50 UTC — 0 txs19:00 UTC — 325,832 txs326k19:10 UTC — 0 txs19:20 UTC — 0 txs19:30 UTC — 271,417 txs271k19:40 UTC — 0 txs19:50 UTC — 0 txs20:00 UTC — 0 txs20:10 UTC — 234,329 txs234k20:20 UTC — 46,234 txs20:30 UTC — 153,055 txs153k20:40 UTC — 0 txs20:50 UTC — 192,913 txs193k21:00 UTC — 0 txs21:10 UTC — 69,701 txs21:20 UTC — 0 txs21:30 UTC — 0 txs21:40 UTC — 0 txs21:50 UTC — 36,632 txs22:00 UTC — 49,839 txs22:10 UTC — 177,297 txs177k22:20 UTC — 0 txs22:30 UTC — 129,034 txs22:40 UTC — 102,505 txs22:50 UTC — 45,686 txs23:00 UTC — 0 txs23:10 UTC — 0 txs23:20 UTC — 79,344 txs23:30 UTC — 0 txs23:40 UTC — 10 txs23:50 UTC — 0 txs00:00 UTC — 1,452 txs00:10 UTC — 1,146 txs00:20 UTC — 0 txs00:30 UTC — 514 txs00:40 UTC — 0 txs00:50 UTC — 0 txs01:00 UTC — 1,287 txs01:10 UTC — 0 txs01:20 UTC — 0 txs01:30 UTC — 130,601 txs01:40 UTC — 88,325 txs01:50 UTC — 0 txs02:00 UTC — 190,551 txs191k02:10 UTC — 0 txs02:20 UTC — 92,505 txs02:30 UTC — 0 txs02:40 UTC — 108,024 txs02:50 UTC — 1,331 txs03:00 UTC — 16,942 txs03:10 UTC — 0 txs03:20 UTC — 0 txs03:30 UTC — 119,504 txs03:40 UTC — 0 txs03:50 UTC — 0 txs04:00 UTC — 130,999 txs04:10 UTC — 0 txs04:20 UTC — 0 txs04:30 UTC — 0 txs04:40 UTC — 0 txs04:50 UTC — 356,965 txs357k05:00 UTC — 74,906 txs05:10 UTC — 101,752 txs05:20 UTC — 28,671 txs05:30 UTC — 0 txs05:40 UTC — 0 txs05:50 UTC — 0 txs06:00 UTC — 68,390 txs06:10 UTC — 0 txs06:20 UTC — 0 txs06:30 UTC — 42,751 txs06:40 UTC — 0 txs06:50 UTC — 82,951 txs07:00 UTC — 56,153 txs07:10 UTC — 101,393 txs07:20 UTC — 3 txs07:30 UTC — 6 txs07:40 UTC — 0 txs07:50 UTC — 199,275 txs199k08:00 UTC — 32,670 txs08:10 UTC — 53,574 txs08:20 UTC — 71,544 txs08:30 UTC — 104,077 txs08:40 UTC — 15,750 txs08:50 UTC — 83,577 txs09:00 UTC — 0 txs09:10 UTC — 98,268 txs09:20 UTC — 22,092 txs09:30 UTC — 44,369 txs09:40 UTC — 0 txs09:50 UTC — 157,197 txs157k10:00 UTC — 0 txs10:10 UTC — 0 txs10:20 UTC — 307,556 txs308k10:30 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: 356,965 txs Coverage: 144 blocks · 29.3h 05-20 05:10 UTC → 05-21 10:26 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

15.3 million outputs, by purpose

The TxBlaster service produced 74.5% of transactions, posting paired payment and data-publication outputs continuously. The breakdown below isolates the remaining 25.5% 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 · 74.5%
25.5%
5,470,945 tx 1,871,886 tx · all other
Excluding TxBlaster3 · 4,345,977 outputs
Payment 57.2% 2,485,118
P2PKH 2,470,986 · P2PK 14,100 · Multisig 32
Data Publication 42.8% 1,860,162
OP_RETURN 1,859,764 · Ordinal envelopes 373 · Spendable metadata 25
Contracts & Tokens 0.02% 697
STAS Gen 3: 477 · Custom locking: 220 · 8 unique structures

Of 1,860,859 non-payment outputs in this window, 99.9% were prunable (OP_RETURN) and 0.1% 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 1,859,764Spendable metadata 25Ordinal envelope 373STAS Gen 3 477Custom locking 220
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 75% 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. 8 unique structures observed today across 697 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 2,347MAP 2,144B:// 1,289AIP 6041Sat-Ordinal 363BSV-21 170OPUB 77STAS 36
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/markdown 572text/plain 482application/bsv-20 170image/jpeg 119text/html 83application/json 81text/css 68image/webp 64
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_meter
operator 03a356f4373c8c4a… · backend.161a4f0f091010a0f8a34a5d1d1b9dd7.projects.babbage.systems
949,998
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 2026-05-21 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 55,371 transactions. Most chain activity carries no such identifier; the names below are services whose on-chain shape is recognizable from prior analysis.

GaiaLog 55,371TreeChat 1,619dxs 904MNEE 1593D Ordi 152OYO 53BSV Feed/View 50ButterCup 34BSV Live Master 32mintBlue 24ForgeChain 14Indelible 12Neucron 9CASHEIO 9maplock 4memo.cash 2
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

Ordinal Inscription

ORDINAL · selected from 373 candidates

Ordinal Inscription with a 114-byte payload

What it does. This script embeds data inside a conditional branch. The OP_FALSE OP_IF block carries the payload (marked "ord"), while the P2PKH suffix enforces signature-based ownership.

Why it matters. Encodes ownership into individual satoshis. Transferable by spending the UTXO.

TX 0965fa8222… Block 949,907 114 script bytes
Opcodes used
0IF1ENDIFDUPHASH160EQUALVERIFYCHECKSIG
Script preview
OP_0 OP_IF 6f7264 OP_1 6170706c69636174696f6e2f6273762d3230 OP_0 7b2270223a226273762d3230222c226f70223a226465706c6f792b6d696e74222c2273796d223a22574e4c444e222c22616d74223a2231303030227d OP_ENDIF OP_DUP OP_HASH160 865b795706f2dbaeb02d5414f3cdd6dadab85049 OP_EQUALVERIFY OP_CHECKSIG
Skeleton
OP_0 OP_IF 6f7264 OP_1 <DATA> OP_0 <DATA> OP_ENDIF 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.

Support BSV Intel
Every classification in this brief came from a query I wrote, on infrastructure I built. If it's useful to you, sats keep it shipping.
HandCash $bridget33
BSV address 177bRhNJAioCgMyYCaKTJpauXpgHnUfWnK
Telegram @bsvintel_bot
send /subscribe for daily updates