BSV Intel the signal, daily
Edition 116
Saturday · June 27, 2026
BSV Network · 24 hours ending June 27, 09:19 UTC

Edition 116

Edited by Bridget Doran · Scanned 09:34 UTC, June 27 · Blocks 955,232 → 955,375 · 1,239,899 transactions
Largest move
$311K
25,429 BSV · whale tier
Avg block time
9.1min
near schedule
Throughput
16tx/s
peak 339 tx/s
BSV price
$12.23
▲ 13.1% · 24h
№ 01 Chain Health

9 pools, on schedule

9 pools produced today's 144 blocks at an average interval of 9.1 min — on schedule relative to the 10-minute target.

7 min
Median interval
half the blocks faster
60
Fast blocks1
under 5 min
203,188 txs
Busiest block
block 955,301
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 · 21.2h
Fast (<5 min) · 60 Normal · 69 Slow (>20 min) · 15
For the technical reader

Block timing. Mean interval 547.9 seconds (9.1 min) over 140 measured intervals across 144 blocks; median 418 seconds (7 min). Range 3 s to 3314 s (55.2 min).

Cadence. Average interval 9.1 min — on schedule relative to the 10-minute target. 9 pools produced today's blocks.

Largest block. Block 955,301 at 203,188 transactions, the peak load in the window. Avg tx/block across all 144 blocks was 8,610.

№ 02 Teranode Network

10 Teranode operators visible on the public network

At least 10 operators are announcing on the public gossip network (2 acting as public relays), running versions from v0.13.1 to v0.15.2. This is the publicly-visible set only; others almost certainly run Teranode without announcing.

10
Visible
announcing on mesh
2
Public relays
accept external tx
5
Caught up → tip
synced to latest block
Versions in use · 10 operators
v0.13.1 1 · v0.15.1 3 · v0.15.2-beta-11 1 · v0.15.2 5
For the technical reader

Source: node_status messages on the public BSV gossip layer, observed by our own libp2p listener and deduplicated by peer ID. This counts the publicly-announcing set only — a node that does not broadcast status, or runs inside a private cluster, will not appear, so read it as a floor, not a full census.

“Caught up” means within one block of the chain tip (currently 955,383). Stalled or still-syncing nodes are excluded from that count. “Public relay” here means a node that publicly forwards gossip to the rest of the mesh; only two do, and both announce under the same operator label and share infrastructure, so the public mesh’s reachability appears to lean on a single operator.

№ 03 Mining Distribution

9 pools produced today's 144 blocks

Mining-Dutch led at 17.4%. Distribution within normal range.

Mining-Dutch 17.4%
molepool.com 16%
GorillaPool 14.6%
CUVVE 13.2%
qdlnk 13.2%
SA100 12.5%
taal.com 6.3%
Kryptex 4.2%
taal.com_Teranode 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: Mining-Dutch 25, molepool.com 23, GorillaPool 21, CUVVE 19, qdlnk 19, SA100 18, taal.com 9, Kryptex 6, taal.com_Teranode 4. 144 of 144 blocks identified.

№ 04 Capital Flow

422 movements crossed the chain

17 of them moved more than 10,000 BSV, a combined ~$2.7 million at today's price.

17
Major
> 10K BSV
~$122,300+
72
Notable
1K – 10K BSV
~$12,230 – 122,300
333
Significant
100 – 1K BSV
~$1,223 – 12,230
Top movements
25,429.23BSV
≈ $311,000 ea94aca41f…
2 → 2 Neutral
21,836.05BSV
≈ $267,055 20c6043d32…
1 → 2 Neutral
21,744.47BSV
≈ $265,935 46d831a6cb…
1 → 2 Neutral
21,740.08BSV
≈ $265,881 0f386efc28…
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).

№ 05 Address Intelligence

72 tracked addresses across 118 days

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

New to the radar
1FBzEhMGHca43pWLbx… 21,574 BSV First appearance
19WrZWPNLSW1ZBewtU… 21,574 BSV First appearance
1EkyVWQZoiX1QHMjye… 21,281 BSV First appearance
Recurring addresses
Address Behavior Confidence Active
5,807,207 BSV · 201 txs
Exchange-Like High 03-04 → 06-27
3,001,670 BSV · 103 txs
Exchange-Like High 03-02 → 06-23
2,269,455 BSV · 71 txs
Exchange-Like High 03-02 → 06-26
10,916,306 BSV · 69 txs
Exchange-Like High 03-08 → 06-25
0 BSV · 68 txs
Accumulator High 03-08 → 06-25
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 118-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.

№ 06 Throughput & Market
BSV / USD
$12.23
▲ 13.1% over 24h
Throughput, avg
16tx/s
peak 339 tx/s · 10-min window
Avg tx / block8,610
Max tx / block203,188
Total transactions1,239,899
10-min peak203,311
For the technical reader

TPS is computed over the 21.2 hours of the scan window in 10-minute intervals, not per block. The peak is the busiest 10-minute window observed (203,311 transactions, ≈ 339 tx/s for that window).

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

№ 07 Transaction Velocity

Activity by hour, across 23 hours

1,239,899 transactions mapped to 10-minute windows. The brightest cell is the busiest window of the day.

121518210003060910:00:10:20:30:40:5012:00 UTC — 84 txs12:10 UTC — 0 txs12:20 UTC — 297 txs12:30 UTC — 0 txs12:40 UTC — 233 txs12:50 UTC — 100 txs13:00 UTC — 0 txs13:10 UTC — 219 txs13:20 UTC — 0 txs13:30 UTC — 0 txs13:40 UTC — 0 txs13:50 UTC — 0 txs14:00 UTC — 0 txs14:10 UTC — 1,853 txs14:20 UTC — 57 txs14:30 UTC — 160 txs14:40 UTC — 177 txs14:50 UTC — 334 txs15:00 UTC — 82 txs15:10 UTC — 188 txs15:20 UTC — 178 txs15:30 UTC — 60 txs15:40 UTC — 337 txs15:50 UTC — 0 txs16:00 UTC — 142 txs16:10 UTC — 246 txs16:20 UTC — 0 txs16:30 UTC — 248 txs16:40 UTC — 206 txs16:50 UTC — 199 txs17:00 UTC — 0 txs17:10 UTC — 316 txs17:20 UTC — 0 txs17:30 UTC — 113 txs17:40 UTC — 0 txs17:50 UTC — 142 txs18:00 UTC — 0 txs18:10 UTC — 419 txs18:20 UTC — 0 txs18:30 UTC — 286 txs18:40 UTC — 22,752 txs18:50 UTC — 74,684 txs19:00 UTC — 0 txs19:10 UTC — 48,678 txs19:20 UTC — 48,855 txs19:30 UTC — 0 txs19:40 UTC — 100,375 txs100k19:50 UTC — 85,482 txs85k20:00 UTC — 15,410 txs20:10 UTC — 3,812 txs20:20 UTC — 0 txs20:30 UTC — 5,901 txs20:40 UTC — 0 txs20:50 UTC — 357 txs21:00 UTC — 0 txs21:10 UTC — 0 txs21:20 UTC — 10,288 txs21:30 UTC — 55,818 txs21:40 UTC — 31,038 txs21:50 UTC — 16 txs22:00 UTC — 113,475 txs113k22:10 UTC — 0 txs22:20 UTC — 396 txs22:30 UTC — 260 txs22:40 UTC — 0 txs22:50 UTC — 365 txs23:00 UTC — 0 txs23:10 UTC — 0 txs23:20 UTC — 0 txs23:30 UTC — 0 txs23:40 UTC — 1,683 txs23:50 UTC — 80,139 txs00:00 UTC — 116,990 txs117k00:10 UTC — 0 txs00:20 UTC — 0 txs00:30 UTC — 203,311 txs203k00:40 UTC — 0 txs00:50 UTC — 751 txs01:00 UTC — 45,554 txs01:10 UTC — 13,778 txs01:20 UTC — 63,230 txs01:30 UTC — 0 txs01:40 UTC — 10,504 txs01:50 UTC — 1,696 txs02:00 UTC — 0 txs02:10 UTC — 0 txs02:20 UTC — 0 txs02:30 UTC — 8,472 txs02:40 UTC — 0 txs02:50 UTC — 1,313 txs03:00 UTC — 52,224 txs03:10 UTC — 1,166 txs03:20 UTC — 70 txs03:30 UTC — 38 txs03:40 UTC — 7,663 txs03:50 UTC — 3,348 txs04:00 UTC — 0 txs04:10 UTC — 0 txs04:20 UTC — 0 txs04:30 UTC — 182 txs04:40 UTC — 0 txs04:50 UTC — 382 txs05:00 UTC — 79 txs05:10 UTC — 84 txs05:20 UTC — 57 txs05:30 UTC — 25 txs05:40 UTC — 46 txs05:50 UTC — 0 txs06:00 UTC — 421 txs06:10 UTC — 196 txs06:20 UTC — 328 txs06:30 UTC — 0 txs06:40 UTC — 16 txs06:50 UTC — 0 txs07:00 UTC — 388 txs07:10 UTC — 40 txs07:20 UTC — 64 txs07:30 UTC — 87 txs07:40 UTC — 73 txs07:50 UTC — 89 txs08:00 UTC — 162 txs08:10 UTC — 49 txs08:20 UTC — 6 txs08:30 UTC — 0 txs08:40 UTC — 338 txs08:50 UTC — 88 txs09:00 UTC — 45 txs09:10 UTC — 86 txs09:20 UTC — 0 txs09:30 UTC — 0 txs09:40 UTC — 0 txs09:50 UTC — 0 txs10:00 UTC — 0 txs10:10 UTC — 0 txs10:20 UTC — 0 txs10:30 UTC — 0 txs10:40 UTC — 0 txs10:50 UTC — 0 txsActivity:High
Peak 10-min window: 203,311 txs Coverage: 144 blocks · 21.2h 06-26 12:05 UTC → 06-27 09:19 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.
№ 08 On-chain Activity

2.5 million outputs, by purpose

The TxBlaster service produced 98.6% of transactions, posting paired payment and data-publication outputs continuously. The breakdown below isolates the remaining 1.4% 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 · 98.6%
1.4%
1,223,070 tx 16,829 tx · all other
Excluding TxBlaster3 · 65,226 outputs
Payment 82.2% 53,596
P2PKH 50,067 · P2PK 3,506 · Multisig 23
Data Publication 16.7% 10,897
OP_RETURN 10,611 · Ordinal envelopes 228 · Spendable metadata 58
Contracts & Tokens 1.12% 733
STAS Gen 3: 184 · Custom locking: 549 · 9 unique structures

Of 11,630 non-payment outputs in this window, 91.2% were prunable (OP_RETURN) and 8.8% 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 10,611Spendable metadata 58Ordinal envelope 228STAS Gen 3 184Custom locking 549
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. 9 unique structures observed today across 733 contract outputs.

№ 09 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 2,897B:// 1,816AIP 1,385Metanet4 1,1321Sat-Ordinal 225STAS 74BSV-21 72BAP-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 1,379text/plain 309image/jpeg 158application/bsv-20 72image/png 51application/json 46text/html 18image/webp 11
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).

№ 10 Overlay Directory

128 SHIP endpoints · 127 SLAP endpoints

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

SHIP · intake side
128endpoints
across 76 topics
SLAP · query side
127endpoints
across 75 topics
Top topic managers · SHIP (of 76)
tm_plite 15tm_template 14tm_uhrp 12tm_users 11tm_zed 8
Top lookup services · SLAP (of 75)
ls_plite 15ls_template 13ls_uhrp 12ls_users 10ls_zed 8
Directory topics tm_ship (27) · tm_slap (27) · ls_ship (26) · ls_slap (26)
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 2026-06-27 11:16 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.

№ 11 Identifiable Activity

Applications and tokens with recognizable fingerprints

TreeChat led identifiable activity at 2,529 transactions. Most chain activity carries no such identifier; the names below are services whose on-chain shape is recognizable from prior analysis.

TreeChat 2,529dxs 5093D Ordi 319MNEE 71BSV Feed/View 43Indelible 33OYO 19mintBlue 19BSV Live Master 14ForgeChain 4GaiaLog 2memo.cash 2CASHEIO 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.

№ 12 Script of the Day

Multi-Signature

MULTISIG · selected from 23 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 bd44a7a953… Block 955,254 71 script bytes
Opcodes used
2CHECKMULTISIG
Script preview
OP_2 024add2fdaf0acafe995d3e5fa4211d1dcee3f46b7ffc008e0bd1e9958f8755256 03d2628f23a2d02e1df59497a965818cc3ad64bd9b79ea61eb0a3937485aea24e5 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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