BSV Intel the signal, daily
Edition 94
Friday · June 5, 2026
BSV Network · 24 hours ending June 5, 10:24 UTC

Edition 94

Edited by Bridget Doran · Scanned 10:35 UTC, June 5 · Blocks 952,064 → 952,207 · 1,776,958 transactions
Largest move
$844K
67,067 BSV · whale tier
Avg block time
10.3min
near schedule
Throughput
20tx/s
peak 427 tx/s
BSV price
$12.59
▼ 4.3% · 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.

6.6 min
Median interval
half the blocks faster
56
Fast blocks1
under 5 min
195,942 txs
Busiest block
block 952,070
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) · 56 Normal · 64 Slow (>20 min) · 24
For the technical reader

Block timing. Mean interval 616.6 seconds (10.3 min) over 143 measured intervals across 144 blocks; median 396 seconds (6.6 min). Range 6 s to 3813 s (63.5 min).

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

Largest block. Block 952,070 at 195,942 transactions, the peak load in the window. Avg tx/block across all 144 blocks was 12,340.

№ 02 Mining Distribution

8 pools produced today's 144 blocks

Mining-Dutch led at 22.2%. Distribution within normal range.

Mining-Dutch 22.2%
SA100 15.3%
qdlnk 14.6%
GorillaPool 13.2%
taal.com 12.5%
CUVVE 11.1%
molepool.com 3.5%
Kryptex 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: Mining-Dutch 32, SA100 22, qdlnk 21, GorillaPool 19, taal.com 18, CUVVE 16, molepool.com 5, Kryptex 5. 138 of 144 blocks identified.

№ 03 Capital Flow

530 movements crossed the chain

10 of them moved more than 10,000 BSV, a combined ~$3.6 million at today's price.

10
Major
> 10K BSV
~$125,900+
140
Notable
1K – 10K BSV
~$12,590 – 125,900
380
Significant
100 – 1K BSV
~$1,259 – 12,590
Top movements
67,067.16BSV
≈ $844,375 2368145a47…
62 → 2 Consolidation
24,666.67BSV
≈ $310,553 0863dae506…
1 → 2 Neutral
24,442.99BSV
≈ $307,737 83904339ff…
1 → 3 Neutral
24,290.75BSV
≈ $305,821 fb39dcc527…
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

72 tracked addresses across 96 days

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

New to the radar
1M5TSHXA9DUqHQUHhJ… 24,443 BSV First appearance
1K1YSzaM7kVMqqYi3F… 24,291 BSV First appearance
1M5TSHXA9DUqHQUHhJ… 23,803 BSV First appearance
Recurring addresses
Address Behavior Confidence Active
4,693,104 BSV · 125 txs
Exchange-Like High 03-04 → 06-03
2,984,698 BSV · 98 txs
Exchange-Like High 03-02 → 05-25
10,188,658 BSV · 64 txs
Exchange-Like High 03-08 → 06-01
0 BSV · 63 txs
Accumulator High 03-08 → 06-01
308,512 BSV · 20 txs
Active Entity High 03-02 → 06-05
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 96-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
$12.59
▼ 4.3% over 24h
Throughput, avg
20tx/s
peak 427 tx/s · 10-min window
Avg tx / block12,340
Max tx / block195,942
Total transactions1,776,958
10-min peak256,127
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 (256,127 transactions, ≈ 427 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

1,776,958 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 — 131 txs10:00 UTC — 266 txs10:10 UTC — 243 txs10:20 UTC — 55,908 txs10:30 UTC — 0 txs10:40 UTC — 256,127 txs256k10:50 UTC — 13,061 txs11:00 UTC — 51 txs11:10 UTC — 751 txs11:20 UTC — 196 txs11:30 UTC — 227 txs11:40 UTC — 0 txs11:50 UTC — 746 txs12:00 UTC — 341 txs12:10 UTC — 438 txs12:20 UTC — 268 txs12:30 UTC — 72,640 txs12:40 UTC — 33,022 txs12:50 UTC — 0 txs13:00 UTC — 22,203 txs13:10 UTC — 0 txs13:20 UTC — 0 txs13:30 UTC — 0 txs13:40 UTC — 58,731 txs13:50 UTC — 0 txs14:00 UTC — 0 txs14:10 UTC — 0 txs14:20 UTC — 0 txs14:30 UTC — 199,630 txs200k14:40 UTC — 7 txs14:50 UTC — 139,658 txs140k15:00 UTC — 25,151 txs15:10 UTC — 0 txs15:20 UTC — 0 txs15:30 UTC — 0 txs15:40 UTC — 7,458 txs15:50 UTC — 73,141 txs16:00 UTC — 43,622 txs16:10 UTC — 0 txs16:20 UTC — 0 txs16:30 UTC — 917 txs16:40 UTC — 157 txs16:50 UTC — 131 txs17:00 UTC — 192 txs17:10 UTC — 90 txs17:20 UTC — 0 txs17:30 UTC — 0 txs17:40 UTC — 477 txs17:50 UTC — 120 txs18:00 UTC — 104 txs18:10 UTC — 127 txs18:20 UTC — 0 txs18:30 UTC — 0 txs18:40 UTC — 112,862 txs113k18:50 UTC — 0 txs19:00 UTC — 0 txs19:10 UTC — 0 txs19:20 UTC — 78,498 txs19:30 UTC — 6,713 txs19:40 UTC — 126,970 txs127k19:50 UTC — 0 txs20:00 UTC — 0 txs20:10 UTC — 734 txs20:20 UTC — 0 txs20:30 UTC — 261 txs20:40 UTC — 93 txs20:50 UTC — 0 txs21:00 UTC — 169 txs21:10 UTC — 0 txs21:20 UTC — 313 txs21:30 UTC — 228 txs21:40 UTC — 126 txs21:50 UTC — 118 txs22:00 UTC — 98 txs22:10 UTC — 114 txs22:20 UTC — 143 txs22:30 UTC — 0 txs22:40 UTC — 286 txs22:50 UTC — 0 txs23:00 UTC — 0 txs23:10 UTC — 364 txs23:20 UTC — 87 txs23:30 UTC — 268 txs23:40 UTC — 374 txs23:50 UTC — 65 txs00:00 UTC — 988 txs00:10 UTC — 632 txs00:20 UTC — 0 txs00:30 UTC — 0 txs00:40 UTC — 0 txs00:50 UTC — 582 txs01:00 UTC — 588 txs01:10 UTC — 32 txs01:20 UTC — 274 txs01:30 UTC — 90 txs01:40 UTC — 0 txs01:50 UTC — 0 txs02:00 UTC — 357 txs02:10 UTC — 0 txs02:20 UTC — 214 txs02:30 UTC — 25,179 txs02:40 UTC — 175 txs02:50 UTC — 0 txs03:00 UTC — 427 txs03:10 UTC — 172 txs03:20 UTC — 0 txs03:30 UTC — 0 txs03:40 UTC — 0 txs03:50 UTC — 618 txs04:00 UTC — 7 txs04:10 UTC — 7 txs04:20 UTC — 380 txs04:30 UTC — 0 txs04:40 UTC — 323 txs04:50 UTC — 0 txs05:00 UTC — 385 txs05:10 UTC — 243 txs05:20 UTC — 0 txs05:30 UTC — 5,437 txs05:40 UTC — 23 txs05:50 UTC — 0 txs06:00 UTC — 0 txs06:10 UTC — 0 txs06:20 UTC — 0 txs06:30 UTC — 0 txs06:40 UTC — 33,802 txs06:50 UTC — 0 txs07:00 UTC — 164,503 txs165k07:10 UTC — 3,825 txs07:20 UTC — 66 txs07:30 UTC — 0 txs07:40 UTC — 0 txs07:50 UTC — 402 txs08:00 UTC — 0 txs08:10 UTC — 409 txs08:20 UTC — 47 txs08:30 UTC — 0 txs08:40 UTC — 252 txs08:50 UTC — 80 txs09:00 UTC — 0 txs09:10 UTC — 0 txs09:20 UTC — 357 txs09:30 UTC — 0 txs09:40 UTC — 143,531 txs144k09:50 UTC — 56,861 txs10:00 UTC — 113 txs10:10 UTC — 164 txs10:20 UTC — 197 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: 256,127 txs Coverage: 144 blocks · 24.5h 06-04 09:55 UTC → 06-05 10:24 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

3.7 million outputs, by purpose

The TxBlaster service produced 98.4% of transactions, posting paired payment and data-publication outputs continuously. The breakdown below isolates the remaining 1.6% 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 · 98.4%
1.6%
1,748,010 tx 28,948 tx · all other
Excluding TxBlaster3 · 184,370 outputs
Payment 63.9% 117,858
P2PKH 111,328 · P2PK 6,500 · Multisig 30
Data Publication 5.3% 9,804
OP_RETURN 9,380 · Ordinal envelopes 268 · Spendable metadata 156
Contracts & Tokens 30.76% 56,708
STAS Gen 3: 307 · Custom locking: 56,401 · 6 unique structures

Of 66,512 non-payment outputs in this window, 14.1% were prunable (OP_RETURN) and 85.9% 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 9,380Spendable metadata 156Ordinal envelope 268STAS Gen 3 307Custom locking 56,401
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. 6 unique structures observed today across 56,708 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 1,729MAP 1,300B:// 889AIP 3941Sat-Ordinal 244BSV-21 166STAS 60BAP-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
text/markdown 394text/plain 389application/bsv-20 166image/jpeg 70application/json 47text/html 42image/png 35image/webp 33
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, 9 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 · 9 advertisements
SLAP
ls_identity
operator 03174a978bf337e3… · backend.f8ad4f88d28eff5fd4ab1411e2520a31.projects.babbage.systems
952,128
SHIP
tm_identity
operator 03174a978bf337e3… · backend.f8ad4f88d28eff5fd4ab1411e2520a31.projects.babbage.systems
952,139
SLAP
ls_identity
operator 03174a978bf337e3… · backend.f8ad4f88d28eff5fd4ab1411e2520a31.projects.babbage.systems
952,154
SHIP
tm_identity
operator 03174a978bf337e3… · backend.f8ad4f88d28eff5fd4ab1411e2520a31.projects.babbage.systems
952,155
SHIP
tm_meter
operator 03a356f4373c8c4a… · backend.161a4f0f091010a0f8a34a5d1d1b9dd7.projects.babbage.systems
952,158
SHIP
tm_identity
operator 03174a978bf337e3… · backend.f8ad4f88d28eff5fd4ab1411e2520a31.projects.babbage.systems
952,169
SHIP
tm_identity
operator 03174a978bf337e3… · backend.f8ad4f88d28eff5fd4ab1411e2520a31.projects.babbage.systems
952,179
SHIP
tm_identity
operator 03174a978bf337e3… · backend.f8ad4f88d28eff5fd4ab1411e2520a31.projects.babbage.systems
952,184
SHIP
tm_meter
operator 03a356f4373c8c4a… · backend.161a4f0f091010a0f8a34a5d1d1b9dd7.projects.babbage.systems
952,186
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 2026-06-05 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 2,562 transactions. Most chain activity carries no such identifier; the names below are services whose on-chain shape is recognizable from prior analysis.

GaiaLog 2,562TreeChat 1,112dxs 902MNEE 1663D Ordi 120OYO 118BSV Feed/View 43BSV Live Master 25Indelible 22mintBlue 13ButterCup 13ForgeChain 8memo.cash 2Neucron 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 268 candidates

Ordinal Inscription with a 209-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 24f05cacca… Block 952,066 209 script bytes
Opcodes used
0IF1ENDIFDUPHASH160EQUALVERIFYCHECKSIGVERIFYCHECKSIG
Script preview
OP_0 OP_IF 6f7264 OP_1 6170706c69636174696f6e2f6273762d3230 OP_0 7b2270223a226273762d3230222c226f70223a227472616e73666572222c22616d74223a22373639363437222c226964223a22616535396633623839386563363161636264623663633761323435666162656465643063303934626630343666333532303661336165633630656638383132375f302
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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