BSV Intel the signal, daily
Edition 90
Sunday · May 31, 2026
BSV Network · 24 hours ending May 31, 10:27 UTC

Edition 90

Edited by Bridget Doran · Scanned 10:32 UTC, May 31 · Blocks 951,354 → 951,497 · 2,043,288 transactions
Largest move
$1.02M
72,992 BSV · whale tier
Avg block time
10.3min
near schedule
Throughput
23tx/s
peak 545 tx/s
BSV price
$14.03
▼ 1.3% · 24h
№ 01 Chain Health

8 pools, on schedule

8 pools produced today's 144 blocks at an average interval of 10.3 min — on schedule relative to the 10-minute target.

8.3 min
Median interval
half the blocks faster
45
Fast blocks1
under 5 min
284,703 txs
Busiest block
block 951,398
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) · 45 Normal · 82 Slow (>20 min) · 17
For the technical reader

Block timing. Mean interval 616.1 seconds (10.3 min) over 143 measured intervals across 144 blocks; median 499 seconds (8.3 min). Range 8 s to 2486 s (41.4 min).

Cadence. Average interval 10.3 min — on schedule relative to the 10-minute target. 8 pools produced today's blocks.

Largest block. Block 951,398 at 284,703 transactions, the peak load in the window. Avg tx/block across all 144 blocks was 14,190.

№ 02 Mining Distribution

8 pools produced today's 144 blocks

CUVVE led at 27.1%. Distribution within normal range.

CUVVE 27.1%
taal.com 22.9%
GorillaPool 18.8%
qdlnk 11.8%
SA100 6.9%
molepool.com 4.2%
taal.com_Teranode 2.8%
unknown 2.8%
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 39, taal.com 33, GorillaPool 27, qdlnk 17, SA100 10, molepool.com 6, taal.com_Teranode 4, unknown 4. 140 of 144 blocks identified.

№ 03 Capital Flow

121 movements crossed the chain

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

2
Major
> 10K BSV
~$140,300+
27
Notable
1K – 10K BSV
~$14,030 – 140,300
92
Significant
100 – 1K BSV
~$1,403 – 14,030
Top movements
72,991.75BSV
≈ $1,024,074 004dcd31c9…
2 → 2 Neutral
10,495.09BSV
≈ $147,246 1181a2573b…
15 → 1 Consolidation
8,506.51BSV
≈ $119,346 51f49954a6…
1 → 2 Neutral
8,308.51BSV
≈ $116,568 5da2ad6a27…
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 91 days

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

New to the radar
181RG2SJNpiETMjv2W… 72,992 BSV First appearance
17M6avHrRJM4Ckg2Yn… 7,300 BSV First appearance
17M6avHrRJM4Ckg2Yn… 5,621 BSV First appearance
Recurring addresses
Address Behavior Confidence Active
4,605,810 BSV · 118 txs
Exchange-Like High 03-04 → 05-31
2,984,698 BSV · 98 txs
Exchange-Like High 03-02 → 05-25
9,897,261 BSV · 62 txs
Exchange-Like High 03-08 → 05-31
0 BSV · 61 txs
Accumulator High 03-08 → 05-31
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 91-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
$14.03
▼ 1.3% over 24h
Throughput, avg
23tx/s
peak 545 tx/s · 10-min window
Avg tx / block14,190
Max tx / block284,703
Total transactions2,043,288
10-min peak327,185
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 (327,185 transactions, ≈ 545 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

2,043,288 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 — 42 txs10:00 UTC — 0 txs10:10 UTC — 240 txs10:20 UTC — 52 txs10:30 UTC — 3,621 txs10:40 UTC — 92,567 txs10:50 UTC — 5,104 txs11:00 UTC — 103 txs11:10 UTC — 507 txs11:20 UTC — 317 txs11:30 UTC — 107 txs11:40 UTC — 25 txs11:50 UTC — 27 txs12:00 UTC — 0 txs12:10 UTC — 120 txs12:20 UTC — 16 txs12:30 UTC — 0 txs12:40 UTC — 228 txs12:50 UTC — 0 txs13:00 UTC — 38 txs13:10 UTC — 0 txs13:20 UTC — 0 txs13:30 UTC — 0 txs13:40 UTC — 246 txs13:50 UTC — 0 txs14:00 UTC — 148 txs14:10 UTC — 100 txs14:20 UTC — 19 txs14:30 UTC — 29 txs14:40 UTC — 51 txs14:50 UTC — 37 txs15:00 UTC — 0 txs15:10 UTC — 186 txs15:20 UTC — 44,421 txs15:30 UTC — 67,918 txs15:40 UTC — 156,386 txs156k15:50 UTC — 0 txs16:00 UTC — 0 txs16:10 UTC — 7,139 txs16:20 UTC — 178,338 txs178k16:30 UTC — 209,251 txs209k16:40 UTC — 0 txs16:50 UTC — 327,185 txs327k17:00 UTC — 10,313 txs17:10 UTC — 0 txs17:20 UTC — 287 txs17:30 UTC — 0 txs17:40 UTC — 264 txs17:50 UTC — 68 txs18:00 UTC — 0 txs18:10 UTC — 0 txs18:20 UTC — 211 txs18:30 UTC — 0 txs18:40 UTC — 44 txs18:50 UTC — 7 txs19:00 UTC — 0 txs19:10 UTC — 24,109 txs19:20 UTC — 25,942 txs19:30 UTC — 127,087 txs19:40 UTC — 7,460 txs19:50 UTC — 0 txs20:00 UTC — 0 txs20:10 UTC — 66 txs20:20 UTC — 0 txs20:30 UTC — 0 txs20:40 UTC — 0 txs20:50 UTC — 238,940 txs239k21:00 UTC — 44 txs21:10 UTC — 0 txs21:20 UTC — 0 txs21:30 UTC — 212 txs21:40 UTC — 140 txs21:50 UTC — 20 txs22:00 UTC — 0 txs22:10 UTC — 197 txs22:20 UTC — 71 txs22:30 UTC — 106 txs22:40 UTC — 89 txs22:50 UTC — 0 txs23:00 UTC — 0 txs23:10 UTC — 0 txs23:20 UTC — 2,738 txs23:30 UTC — 0 txs23:40 UTC — 12,395 txs23:50 UTC — 185,416 txs185k00:00 UTC — 104 txs00:10 UTC — 0 txs00:20 UTC — 1,271 txs00:30 UTC — 263 txs00:40 UTC — 223 txs00:50 UTC — 0 txs01:00 UTC — 178 txs01:10 UTC — 204 txs01:20 UTC — 0 txs01:30 UTC — 0 txs01:40 UTC — 379 txs01:50 UTC — 201 txs02:00 UTC — 215 txs02:10 UTC — 89 txs02:20 UTC — 0 txs02:30 UTC — 0 txs02:40 UTC — 332 txs02:50 UTC — 80 txs03:00 UTC — 162 txs03:10 UTC — 63 txs03:20 UTC — 147 txs03:30 UTC — 0 txs03:40 UTC — 371 txs03:50 UTC — 341 txs04:00 UTC — 643 txs04:10 UTC — 310 txs04:20 UTC — 458 txs04:30 UTC — 82 txs04:40 UTC — 419 txs04:50 UTC — 0 txs05:00 UTC — 0 txs05:10 UTC — 576 txs05:20 UTC — 29 txs05:30 UTC — 272 txs05:40 UTC — 0 txs05:50 UTC — 0 txs06:00 UTC — 0 txs06:10 UTC — 642 txs06:20 UTC — 16 txs06:30 UTC — 14 txs06:40 UTC — 0 txs06:50 UTC — 0 txs07:00 UTC — 291 txs07:10 UTC — 145 txs07:20 UTC — 23 txs07:30 UTC — 902 txs07:40 UTC — 9 txs07:50 UTC — 119 txs08:00 UTC — 0 txs08:10 UTC — 0 txs08:20 UTC — 147 txs08:30 UTC — 0 txs08:40 UTC — 17,684 txs08:50 UTC — 84,196 txs09:00 UTC — 74 txs09:10 UTC — 61 txs09:20 UTC — 0 txs09:30 UTC — 107,083 txs09:40 UTC — 69,632 txs09:50 UTC — 23,558 txs10:00 UTC — 205 txs10:10 UTC — 252 txs10:20 UTC — 29 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: 327,185 txs Coverage: 144 blocks · 24.5h 05-30 09:58 UTC → 05-31 10:27 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

4.1 million outputs, by purpose

The TxBlaster service produced 99.0% of transactions, posting paired payment and data-publication outputs continuously. The breakdown below isolates the remaining 1.0% 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 · 99.0%
1.0%
2,022,000 tx 21,288 tx · all other
Excluding TxBlaster3 · 94,889 outputs
Payment 86.1% 81,713
P2PKH 77,111 · P2PK 4,600 · Multisig 2
Data Publication 13.7% 12,986
OP_RETURN 12,819 · Ordinal envelopes 125 · Spendable metadata 42
Contracts & Tokens 0.20% 190
STAS Gen 3: 150 · Custom locking: 40 · 4 unique structures

Of 13,176 non-payment outputs in this window, 97.3% were prunable (OP_RETURN) and 2.7% 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 12,819Spendable metadata 42Ordinal envelope 125STAS Gen 3 150Custom locking 40
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. 4 unique structures observed today across 190 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
MAP 1,152B:// 810Metanet4 699AIP 3681Sat-Ordinal 126STAS 35BSV-21 27
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 368text/plain 284application/json 106image/jpeg 105image/webp 47image/png 40application/bsv-20 27image/svg+xml 16
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

225 endpoints across the federation, 3 new this window

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

SHIP · intake side
116endpoints
across 71 topics
SLAP · query side
109endpoints
across 66 topics
Top topic managers · SHIP (of 71)
tm_plite 15tm_template 14tm_uhrp 10tm_users 9tm_zed 8
Top lookup services · SLAP (of 66)
ls_template 13ls_plite 10ls_uhrp 9ls_users 8ls_identity 7
Directory topics tm_ship (27) · tm_slap (27) · ls_ship (26) · ls_slap (26)
New this window · 3 advertisements
SLAP
ls_identity
operator 03174a978bf337e3… · backend.f8ad4f88d28eff5fd4ab1411e2520a31.projects.babbage.systems
951,374
SLAP
ls_meter
operator 03a356f4373c8c4a… · backend.161a4f0f091010a0f8a34a5d1d1b9dd7.projects.babbage.systems
951,413
SLAP
ls_meter
operator 03a356f4373c8c4a… · backend.161a4f0f091010a0f8a34a5d1d1b9dd7.projects.babbage.systems
951,423
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 2026-05-31 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 4,277 transactions. Most chain activity carries no such identifier; the names below are services whose on-chain shape is recognizable from prior analysis.

GaiaLog 4,277TreeChat 972dxs 2573D Ordi 78MNEE 27memo.cash 26BSV Live Master 26BSV Feed/View 22Indelible 17OYO 11ForgeChain 10CASHEIO 5mintBlue 5
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 125 candidates

Ordinal Inscription with a 4,030-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 475dd5067b… Block 951,360 4,030 script bytes
Opcodes used
0IF1ENDIFDUPHASH160EQUALVERIFYCHECKSIG
Script preview
OP_0 OP_IF 6f7264 OP_1 6170706c69636174696f6e2f6a736f6e OP_0 7b2267656e223a2239376433373464633563396262386162663233393766393664373330306233346261616633373462613732636535323934363330343263333632343735303832222c2276223a322c2273223a2277696e647377657074222c2268223a3935313236302c226268223a223030303030303
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.

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