BSV Intel the signal, daily
Edition 87
Thursday · May 28, 2026
BSV Network · 24 hours ending May 28, 10:26 UTC

Edition 87

Edited by Bridget Doran · Scanned 10:34 UTC, May 28 · Blocks 950,914 → 951,057 · 3,913,737 transactions
Largest move
$482K
34,784 BSV · whale tier
Avg block time
10.4min
near schedule
Throughput
44tx/s
peak 461 tx/s
BSV price
$13.87
▼ 3.5% · 24h
№ 01 Chain Health

8 pools, on schedule

8 pools produced today's 144 blocks at an average interval of 10.4 min — on schedule relative to the 10-minute target.

7.5 min
Median interval
half the blocks faster
47
Fast blocks1
under 5 min
244,449 txs
Busiest block
block 951,003
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 · 24.5h
Fast (<5 min) · 47 Normal · 75 Slow (>20 min) · 22
For the technical reader

Block timing. Mean interval 621.2 seconds (10.4 min) over 142 measured intervals across 144 blocks; median 449 seconds (7.5 min). Range 3 s to 2926 s (48.8 min).

Cadence. Average interval 10.4 min — on schedule relative to the 10-minute target. 8 pools produced today's blocks.

Largest block. Block 951,003 at 244,449 transactions, the peak load in the window. Avg tx/block across all 144 blocks was 27,179.

№ 02 Mining Distribution

8 pools produced today's 144 blocks

taal.com led at 24.3%. Distribution within normal range.

taal.com 24.3%
qdlnk 16%
CUVVE 14.6%
GorillaPool 11.8%
molepool.com 10.4%
SA100 8.3%
Mining-Dutch 6.9%
taal.com_Teranode 4.9%
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 35, qdlnk 23, CUVVE 21, GorillaPool 17, molepool.com 15, SA100 12, Mining-Dutch 10, taal.com_Teranode 7. 140 of 144 blocks identified.

№ 03 Capital Flow

402 movements crossed the chain

2 of them moved more than 10,000 BSV, a combined ~$762,915 at today's price.

2
Major
> 10K BSV
~$138,700+
47
Notable
1K – 10K BSV
~$13,870 – 138,700
353
Significant
100 – 1K BSV
~$1,387 – 13,870
Top movements
34,783.70BSV
≈ $482,450 b696b661df…
5 → 2 Consolidation
20,221.00BSV
≈ $280,465 a37001e779…
1 → 2 Neutral
9,268.58BSV
≈ $128,555 7a54853f01…
1 → 2 Neutral
9,267.53BSV
≈ $128,541 891bdf2b99…
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 Address Intelligence

75 tracked addresses across 88 days

10 new addresses on the radar today. (what does this mean?)

New to the radar
1AweHhoN3Sf2kVudjw… 34,784 BSV First appearance
1TyW6c91aQWZBHru2M… 34,784 BSV First appearance
1NzoHmUE6ZtKa2skkn… 20,221 BSV First appearance
Recurring addresses
Address Behavior Confidence Active
4,185,523 BSV · 99 txs
Exchange-Like High 03-04 → 05-28
2,984,698 BSV · 98 txs
Exchange-Like High 03-02 → 05-25
9,605,297 BSV · 60 txs
Exchange-Like High 03-08 → 05-24
0 BSV · 59 txs
Accumulator High 03-08 → 05-24
6,287 BSV · 18 txs
Distributor Medium 04-13 → 05-13
How to read this

New to the radar flags addresses from today's top whale movements that have not appeared in any whale-tier transaction during the observation window. This could indicate a new large holder, a previously sub-threshold address crossing into whale territory, or a long-dormant address reactivating.

Recurring addresses are identified by tracking output scripts across all whale transactions (≥ 100 BSV) over the full 88-day observation window. An address appearing here has been involved in large-value movements on multiple separate days.

Behavior is based on whether an address predominantly receives (Accumulator), predominantly sends (Distributor), or does both in roughly equal measure (Exchange-Like).

Confidence reflects how many indicators align: transaction frequency, directional balance, and tier presence. High = 3+ indicators; Medium = 2; Low = 1.

All classifications are probabilistic. No identity or ownership claims are made. Addresses are derived from transaction output scripts.

№ 05 Throughput & Market
BSV / USD
$13.87
▼ 3.5% over 24h
Throughput, avg
44tx/s
peak 461 tx/s · 10-min window
Avg tx / block27,179
Max tx / block244,449
Total transactions3,913,737
10-min peak276,624
For the technical reader

TPS is computed over the 24.5 hours of the scan window in 10-minute intervals, not per block. The peak is the busiest 10-minute window observed (276,624 transactions, ≈ 461 tx/s for that window).

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

№ 06 Transaction Velocity

Activity by hour, across 27 hours

3,913,737 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 — 0 txs09:10 UTC — 0 txs09:20 UTC — 0 txs09:30 UTC — 0 txs09:40 UTC — 0 txs09:50 UTC — 439 txs10:00 UTC — 623 txs10:10 UTC — 0 txs10:20 UTC — 0 txs10:30 UTC — 0 txs10:40 UTC — 1,816 txs10:50 UTC — 0 txs11:00 UTC — 0 txs11:10 UTC — 2,516 txs11:20 UTC — 0 txs11:30 UTC — 12,564 txs11:40 UTC — 191,435 txs191k11:50 UTC — 1,149 txs12:00 UTC — 0 txs12:10 UTC — 176,721 txs177k12:20 UTC — 0 txs12:30 UTC — 225,972 txs226k12:40 UTC — 265 txs12:50 UTC — 0 txs13:00 UTC — 0 txs13:10 UTC — 203,231 txs203k13:20 UTC — 570 txs13:30 UTC — 671 txs13:40 UTC — 879 txs13:50 UTC — 2,197 txs14:00 UTC — 0 txs14:10 UTC — 1,621 txs14:20 UTC — 0 txs14:30 UTC — 0 txs14:40 UTC — 112,753 txs113k14:50 UTC — 13,104 txs15:00 UTC — 0 txs15:10 UTC — 82,139 txs15:20 UTC — 21 txs15:30 UTC — 134,992 txs135k15:40 UTC — 67,894 txs15:50 UTC — 0 txs16:00 UTC — 0 txs16:10 UTC — 202,845 txs203k16:20 UTC — 86,380 txs16:30 UTC — 117,730 txs118k16:40 UTC — 4,105 txs16:50 UTC — 0 txs17:00 UTC — 666 txs17:10 UTC — 444 txs17:20 UTC — 1,423 txs17:30 UTC — 739 txs17:40 UTC — 468 txs17:50 UTC — 0 txs18:00 UTC — 0 txs18:10 UTC — 0 txs18:20 UTC — 200,704 txs201k18:30 UTC — 1,422 txs18:40 UTC — 343 txs18:50 UTC — 279 txs19:00 UTC — 0 txs19:10 UTC — 838 txs19:20 UTC — 469 txs19:30 UTC — 0 txs19:40 UTC — 738 txs19:50 UTC — 0 txs20:00 UTC — 78,377 txs20:10 UTC — 0 txs20:20 UTC — 5,956 txs20:30 UTC — 0 txs20:40 UTC — 119,445 txs119k20:50 UTC — 1,149 txs21:00 UTC — 0 txs21:10 UTC — 1,385 txs21:20 UTC — 0 txs21:30 UTC — 0 txs21:40 UTC — 1,349 txs21:50 UTC — 108,397 txs22:00 UTC — 109,698 txs22:10 UTC — 0 txs22:20 UTC — 216,525 txs217k22:30 UTC — 0 txs22:40 UTC — 140,224 txs140k22:50 UTC — 113 txs23:00 UTC — 25,805 txs23:10 UTC — 42 txs23:20 UTC — 0 txs23:30 UTC — 844 txs23:40 UTC — 0 txs23:50 UTC — 644 txs00:00 UTC — 18,524 txs00:10 UTC — 80,122 txs00:20 UTC — 0 txs00:30 UTC — 12,210 txs00:40 UTC — 0 txs00:50 UTC — 276,624 txs277k01:00 UTC — 0 txs01:10 UTC — 0 txs01:20 UTC — 176,934 txs177k01:30 UTC — 2,140 txs01:40 UTC — 15,685 txs01:50 UTC — 24,995 txs02:00 UTC — 154,259 txs154k02:10 UTC — 20,470 txs02:20 UTC — 0 txs02:30 UTC — 0 txs02:40 UTC — 0 txs02:50 UTC — 0 txs03:00 UTC — 499 txs03:10 UTC — 464 txs03:20 UTC — 792 txs03:30 UTC — 43 txs03:40 UTC — 3,896 txs03:50 UTC — 0 txs04:00 UTC — 0 txs04:10 UTC — 3,849 txs04:20 UTC — 685 txs04:30 UTC — 1,518 txs04:40 UTC — 0 txs04:50 UTC — 1,735 txs05:00 UTC — 0 txs05:10 UTC — 0 txs05:20 UTC — 79,591 txs05:30 UTC — 76,911 txs05:40 UTC — 0 txs05:50 UTC — 2,199 txs06:00 UTC — 1,023 txs06:10 UTC — 2,842 txs06:20 UTC — 20,480 txs06:30 UTC — 0 txs06:40 UTC — 0 txs06:50 UTC — 5,833 txs07:00 UTC — 0 txs07:10 UTC — 0 txs07:20 UTC — 6,624 txs07:30 UTC — 5,123 txs07:40 UTC — 7,911 txs07:50 UTC — 192,940 txs193k08:00 UTC — 0 txs08:10 UTC — 6,144 txs08:20 UTC — 3,538 txs08:30 UTC — 6,677 txs08:40 UTC — 4,490 txs08:50 UTC — 3,555 txs09:00 UTC — 3,666 txs09:10 UTC — 0 txs09:20 UTC — 0 txs09:30 UTC — 0 txs09:40 UTC — 0 txs09:50 UTC — 15,434 txs10:00 UTC — 4,456 txs10:10 UTC — 2,458 txs10:20 UTC — 3,280 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: 276,624 txs Coverage: 144 blocks · 24.5h 05-27 09:57 UTC → 05-28 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.
№ 07 On-chain Activity

8.0 million outputs, by purpose

The TxBlaster service produced 99.3% of transactions, posting paired payment and data-publication outputs continuously. The breakdown below isolates the remaining 0.7% 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 · 99.3%
0.7%
3,887,364 tx 26,373 tx · all other
Excluding TxBlaster3 · 258,732 outputs
Payment 95.4% 246,836
P2PKH 237,064 · P2PK 9,700 · Multisig 72
Data Publication 4.5% 11,571
OP_RETURN 10,944 · Ordinal envelopes 493 · Spendable metadata 134
Contracts & Tokens 0.13% 325
STAS Gen 3: 205 · Custom locking: 120 · 8 unique structures

Of 11,896 non-payment outputs in this window, 92.0% were prunable (OP_RETURN) and 8.0% 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 10,944Spendable metadata 134Ordinal envelope 493STAS Gen 3 205Custom locking 120
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. 8 unique structures observed today across 325 contract outputs.

№ 08 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 1,404MAP 1,362B:// 7121Sat-Ordinal 492AIP 348BSV-21 339STAS 60
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 348application/bsv-20 339text/plain 287image/webp 90text/html 72image/jpeg 59application/json 43image/png 40
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).

№ 09 Overlay Directory

194 endpoints across the federation, 28 new this window

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

SHIP · intake side
86endpoints
across 67 topics
SLAP · query side
108endpoints
across 65 topics
Top topic managers · SHIP (of 67)
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 · 28 advertisements
SHIP
tm_slap
operator 0257a145e2899ea6… · anvil.sendbsv.com
950,938
SHIP
tm_uhrp
operator 0257a145e2899ea6… · anvil.sendbsv.com
950,938
SLAP
ls_users
operator 0257a145e2899ea6… · anvil.sendbsv.com
950,938
SHIP
tm_dex_swap
operator 0257a145e2899ea6… · anvil.sendbsv.com
950,938
SLAP
ls_ship
operator 0257a145e2899ea6… · anvil.sendbsv.com
950,938
SLAP
ls_slap
operator 0257a145e2899ea6… · anvil.sendbsv.com
950,938
SHIP
tm_ship
operator 0257a145e2899ea6… · anvil.sendbsv.com
950,938
SLAP
ls_identity
operator 0257a145e2899ea6… · anvil.sendbsv.com
950,938
SHIP
tm_ordlock_buy_vaults
operator 0257a145e2899ea6… · anvil.sendbsv.com
950,938
SLAP
ls_dex_swap
operator 0257a145e2899ea6… · anvil.sendbsv.com
950,938
SLAP
ls_ordlock_listings
operator 0257a145e2899ea6… · anvil.sendbsv.com
950,938
SHIP
tm_users
operator 0257a145e2899ea6… · anvil.sendbsv.com
950,938
SHIP
tm_ordlock_listings
operator 0257a145e2899ea6… · anvil.sendbsv.com
950,938
SLAP
ls_uhrp
operator 0257a145e2899ea6… · anvil.sendbsv.com
950,938
SHIP
tm_identity
operator 0257a145e2899ea6… · anvil.sendbsv.com
950,938
SLAP
ls_ordlock_buy_vaults
operator 0257a145e2899ea6… · anvil.sendbsv.com
950,938
SLAP
ls_meter
operator 03a356f4373c8c4a… · backend.161a4f0f091010a0f8a34a5d1d1b9dd7.projects.babbage.systems
950,962
SLAP
ls_meter
operator 03a356f4373c8c4a… · backend.161a4f0f091010a0f8a34a5d1d1b9dd7.projects.babbage.systems
950,992
SHIP
tm_meter
operator 03a356f4373c8c4a… · backend.161a4f0f091010a0f8a34a5d1d1b9dd7.projects.babbage.systems
950,994
SLAP
ls_meter
operator 03a356f4373c8c4a… · backend.161a4f0f091010a0f8a34a5d1d1b9dd7.projects.babbage.systems
950,997
SLAP
ls_meter
operator 03a356f4373c8c4a… · backend.161a4f0f091010a0f8a34a5d1d1b9dd7.projects.babbage.systems
951,002
SHIP
tm_meter
operator 03a356f4373c8c4a… · backend.161a4f0f091010a0f8a34a5d1d1b9dd7.projects.babbage.systems
951,011
SLAP
ls_meter
operator 03a356f4373c8c4a… · backend.161a4f0f091010a0f8a34a5d1d1b9dd7.projects.babbage.systems
951,015
SLAP
ls_identity
operator 03174a978bf337e3… · backend.f8ad4f88d28eff5fd4ab1411e2520a31.projects.babbage.systems
951,016
SHIP
tm_meter
operator 03a356f4373c8c4a… · backend.161a4f0f091010a0f8a34a5d1d1b9dd7.projects.babbage.systems
951,020
SLAP
ls_meter
operator 03a356f4373c8c4a… · backend.161a4f0f091010a0f8a34a5d1d1b9dd7.projects.babbage.systems
951,020
SLAP
ls_meter
operator 03a356f4373c8c4a… · backend.161a4f0f091010a0f8a34a5d1d1b9dd7.projects.babbage.systems
951,029
SLAP
ls_identity
operator 03174a978bf337e3… · backend.f8ad4f88d28eff5fd4ab1411e2520a31.projects.babbage.systems
951,044
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 2026-05-28 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.

№ 10 Identifiable Activity

Applications and tokens with recognizable fingerprints

GaiaLog led identifiable activity at 3,242 transactions. Most chain activity carries no such identifier; the names below are services whose on-chain shape is recognizable from prior analysis.

GaiaLog 3,242TreeChat 926dxs 780MNEE 1573D Ordi 141ButterCup 104BSV Feed/View 39OYO 34BSV Live Master 34memo.cash 32mintBlue 23CASHEIO 9Neucron 4Indelible 1ForgeChain 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

Multi-Signature

MULTISIG · selected from 72 candidates

Multi-Signature with a 71-byte payload

What it does. Requires multiple signatures (M-of-N) to spend. Used for shared custody, escrow, and organizational funds.

Why it matters. Enables trustless collaboration and enhanced security for high-value transactions.

TX 9edba600cf… Block 950,917 71 script bytes
Opcodes used
2CHECKMULTISIG
Script preview
OP_2 02c953755b554adf1e1915cf4655f20d9eb5f4aff017cd146530cc465a5d818681 035b0bf64da83a70f8aeaf9bb3dc1765ea1bca84c6a450967d329b3b6eb06f8d26 OP_2 OP_CHECKMULTISIG
Skeleton
OP_2 <DATA> <DATA> OP_2 OP_CHECKMULTISIG
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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