BSV Intel the signal, daily
Edition 85
Tuesday · May 26, 2026
BSV Network · 24 hours ending May 26, 10:23 UTC

Edition 85

Edited by Bridget Doran · Scanned 10:34 UTC, May 26 · Blocks 950,632 → 950,775 · 7,220,039 transactions
Largest move
$291K
20,001 BSV · whale tier
Avg block time
9.8min
near schedule
Throughput
86tx/s
peak 750 tx/s
BSV price
$14.57
▼ 1.5% · 24h
№ 01 Chain Health

8 pools, on schedule

8 pools produced today's 144 blocks at an average interval of 9.8 min — on schedule relative to the 10-minute target.

6.6 min
Median interval
half the blocks faster
57
Fast blocks1
under 5 min
449,993
Largest block
block 950,772
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 · 23.3h
Fast (<5 min) · 57 Normal · 66 Slow (>20 min) · 21
For the technical reader

Block timing. Mean interval 586.1 seconds (9.8 min) over 143 measured intervals across 144 blocks; median 398 seconds (6.6 min). Range 3 s to 3850 s (64.2 min).

Cadence. Average interval 9.8 min — on schedule relative to the 10-minute target. 8 pools produced today's blocks.

Largest block. Block 950,772 at 449,993 transactions, the peak load in the window. Avg tx/block across all 144 blocks was 50,139.

№ 02 Mining Distribution

8 pools produced today's 144 blocks

CUVVE led at 22.9%. Distribution within normal range.

CUVVE 22.9%
taal.com 16%
GorillaPool 13.9%
qdlnk 11.8%
SA100 9.7%
Mining-Dutch 8.3%
molepool.com 8.3%
taal.com_Teranode 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: CUVVE 33, taal.com 23, GorillaPool 20, qdlnk 17, SA100 14, Mining-Dutch 12, molepool.com 12, taal.com_Teranode 10. 141 of 144 blocks identified.

№ 03 Capital Flow

974 movements crossed the chain

1 of them moved more than 10,000 BSV, a combined ~$291,415 at today's price.

1
Major
> 10K BSV
~$145,700+
38
Notable
1K – 10K BSV
~$14,570 – 145,700
935
Significant
100 – 1K BSV
~$1,457 – 14,570
Top movements
20,001.01BSV
≈ $291,415 37cee7fdc7…
1 → 4 Neutral
7,855.37BSV
≈ $114,453 83a0023333…
1 → 2 Neutral
2,933.33BSV
≈ $42,739 9ac1c7ad87…
1 → 2 Neutral
2,933.33BSV
≈ $42,739 be142396ca…
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
$14.57
▼ 1.5% over 24h
Throughput, avg
86tx/s
peak 750 tx/s · 10-min window
Avg tx / block50,139
Max tx / block449,993
Total transactions7,220,039
10-min peak449,993
For the technical reader

TPS is computed over the 23.3 hours of the scan window in 10-minute intervals, not per block. The peak is the busiest 10-minute window observed (449,993 transactions, ≈ 750 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 25 hours

7,220,039 transactions mapped to 10-minute windows. The brightest cell is the busiest window of the day.

111417202302050811:00:10:20:30:40:5011:00 UTC — 25,972 txs11:10 UTC — 0 txs11:20 UTC — 129 txs11:30 UTC — 204 txs11:40 UTC — 799 txs11:50 UTC — 1,851 txs12:00 UTC — 24,027 txs12:10 UTC — 286 txs12:20 UTC — 27,955 txs12:30 UTC — 0 txs12:40 UTC — 0 txs12:50 UTC — 0 txs13:00 UTC — 0 txs13:10 UTC — 0 txs13:20 UTC — 0 txs13:30 UTC — 48,771 txs13:40 UTC — 0 txs13:50 UTC — 0 txs14:00 UTC — 7,736 txs14:10 UTC — 0 txs14:20 UTC — 0 txs14:30 UTC — 0 txs14:40 UTC — 0 txs14:50 UTC — 202,449 txs202k15:00 UTC — 620 txs15:10 UTC — 611 txs15:20 UTC — 41 txs15:30 UTC — 0 txs15:40 UTC — 165,537 txs15:50 UTC — 35,985 txs16:00 UTC — 1,396 txs16:10 UTC — 780 txs16:20 UTC — 0 txs16:30 UTC — 0 txs16:40 UTC — 2,015 txs16:50 UTC — 0 txs17:00 UTC — 0 txs17:10 UTC — 0 txs17:20 UTC — 0 txs17:30 UTC — 0 txs17:40 UTC — 75,411 txs17:50 UTC — 122,050 txs18:00 UTC — 5,600 txs18:10 UTC — 5 txs18:20 UTC — 0 txs18:30 UTC — 479 txs18:40 UTC — 0 txs18:50 UTC — 89 txs19:00 UTC — 41,226 txs19:10 UTC — 48,261 txs19:20 UTC — 108,496 txs19:30 UTC — 58 txs19:40 UTC — 371 txs19:50 UTC — 0 txs20:00 UTC — 155,442 txs20:10 UTC — 48,776 txs20:20 UTC — 0 txs20:30 UTC — 0 txs20:40 UTC — 0 txs20:50 UTC — 504 txs21:00 UTC — 777 txs21:10 UTC — 10,801 txs21:20 UTC — 0 txs21:30 UTC — 90,112 txs21:40 UTC — 0 txs21:50 UTC — 290,393 txs290k22:00 UTC — 0 txs22:10 UTC — 31,638 txs22:20 UTC — 0 txs22:30 UTC — 0 txs22:40 UTC — 630 txs22:50 UTC — 0 txs23:00 UTC — 139,837 txs23:10 UTC — 106,951 txs23:20 UTC — 0 txs23:30 UTC — 265,539 txs266k23:40 UTC — 0 txs23:50 UTC — 171,782 txs00:00 UTC — 92,470 txs00:10 UTC — 55,981 txs00:20 UTC — 121,856 txs00:30 UTC — 0 txs00:40 UTC — 282,240 txs282k00:50 UTC — 0 txs01:00 UTC — 137,983 txs01:10 UTC — 0 txs01:20 UTC — 239,542 txs240k01:30 UTC — 86,645 txs01:40 UTC — 155,451 txs01:50 UTC — 95,041 txs02:00 UTC — 8,698 txs02:10 UTC — 150,675 txs02:20 UTC — 0 txs02:30 UTC — 192,512 txs193k02:40 UTC — 0 txs02:50 UTC — 127,062 txs03:00 UTC — 29,994 txs03:10 UTC — 31,063 txs03:20 UTC — 24,136 txs03:30 UTC — 50,426 txs03:40 UTC — 6,371 txs03:50 UTC — 231,906 txs232k04:00 UTC — 13,528 txs04:10 UTC — 48,306 txs04:20 UTC — 98,235 txs04:30 UTC — 0 txs04:40 UTC — 0 txs04:50 UTC — 256,903 txs257k05:00 UTC — 67,423 txs05:10 UTC — 0 txs05:20 UTC — 161,315 txs05:30 UTC — 0 txs05:40 UTC — 131,507 txs05:50 UTC — 44,032 txs06:00 UTC — 10,068 txs06:10 UTC — 99,295 txs06:20 UTC — 61,501 txs06:30 UTC — 0 txs06:40 UTC — 80,008 txs06:50 UTC — 99,027 txs07:00 UTC — 90,604 txs07:10 UTC — 0 txs07:20 UTC — 74,597 txs07:30 UTC — 0 txs07:40 UTC — 153,663 txs07:50 UTC — 0 txs08:00 UTC — 17,926 txs08:10 UTC — 116,789 txs08:20 UTC — 99,982 txs08:30 UTC — 63,101 txs08:40 UTC — 21,743 txs08:50 UTC — 97,117 txs09:00 UTC — 4,112 txs09:10 UTC — 92,255 txs09:20 UTC — 0 txs09:30 UTC — 29,165 txs09:40 UTC — 25,441 txs09:50 UTC — 449,993 txs450k10:00 UTC — 162,889 txs10:10 UTC — 67,721 txs10:20 UTC — 99,349 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: 449,993 txs Coverage: 144 blocks · 23.3h 05-25 11:06 UTC → 05-26 10:23 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

14.7 million outputs, by purpose

The TxBlaster service produced 99.4% of transactions, posting paired payment and data-publication outputs continuously. The breakdown below isolates the remaining 0.6% 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 · 99.4%
0.6%
7,173,560 tx 46,479 tx · all other
Excluding TxBlaster3 · 329,992 outputs
Payment 95.0% 313,527
P2PKH 303,710 · P2PK 9,800 · Multisig 17
Data Publication 4.9% 16,086
OP_RETURN 15,130 · Ordinal envelopes 782 · Spendable metadata 174
Contracts & Tokens 0.11% 379
STAS Gen 3: 157 · Custom locking: 222 · 7 unique structures

Of 16,465 non-payment outputs in this window, 91.9% were prunable (OP_RETURN) and 8.1% 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 15,130Spendable metadata 174Ordinal envelope 782STAS Gen 3 157Custom locking 222
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 99% 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 379 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 1,767MAP 1,1801Sat-Ordinal 782B:// 633BSV-21 601AIP 308STAS 59BAP-ID 1
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 601text/markdown 308text/plain 252image/webp 81image/png 73image/jpeg 65text/html 53application/json 52
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

194 endpoints across the federation, 2 new this window

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

SHIP · intake side
86endpoints
across 66 topics
SLAP · query side
108endpoints
across 65 topics
Top topic managers · SHIP (of 66)
tm_template 14tm_users 9tm_uhrp 8tm_plite 8tm_meter 7
Top lookup services · SLAP (of 65)
ls_template 13ls_plite 10ls_uhrp 8ls_users 8ls_identity 7
Directory topics tm_ship (27) · tm_slap (27) · ls_ship (26) · ls_slap (26)
New this window · 2 advertisements
SHIP
tm_meter
operator 03a356f4373c8c4a… · backend.161a4f0f091010a0f8a34a5d1d1b9dd7.projects.babbage.systems
950,702
SHIP
tm_meter
operator 03a356f4373c8c4a… · backend.161a4f0f091010a0f8a34a5d1d1b9dd7.projects.babbage.systems
950,764
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 2026-05-26 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 9,375 transactions. Most chain activity carries no such identifier; the names below are services whose on-chain shape is recognizable from prior analysis.

GaiaLog 9,375TreeChat 898dxs 704MNEE 4553D Ordi 75ButterCup 56OYO 30BSV Feed/View 16ForgeChain 8mintBlue 6memo.cash 3CASHEIO 3Neucron 2maplock 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

Ordinal Inscription

ORDINAL · selected from 782 candidates

Ordinal Inscription with a 208-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 63a3bacc61… Block 950,632 208 script bytes
Opcodes used
0IF1ENDIFDUPHASH160EQUALVERIFYCHECKSIGVERIFYCHECKSIG
Script preview
OP_0 OP_IF 6f7264 OP_1 6170706c69636174696f6e2f6273762d3230 OP_0 7b2270223a226273762d3230222c226f70223a227472616e73666572222c226964223a22616535396633623839386563363161636264623663633761323435666162656465643063303934626630343666333532303661336165633630656638383132375f30222c22616d74223a223530303030227
Skeleton
OP_0 OP_IF 6f7264 OP_1 <DATA> OP_0 <DATA> OP_ENDIF OP_DUP OP_HASH160 <DATA> OP_EQUALVERIFY OP_CHECKSIGVERIFY <DATA> 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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