BSV Intel the signal, daily
Edition 144
Saturday · July 25, 2026
BSV Network · 24 hours ending July 25, 09:07 UTC

Edition 144

Edited by Bridget Doran · Scanned 09:31 UTC, July 25 · Blocks 959,240 → 959,383 · 1,247,086 transactions
Largest move
$953K
71,982 BSV · whale tier
Avg block time
9.1min
near schedule
Throughput
16tx/s
peak 334 tx/s
BSV price
$13.24
▼ 1.4% · 24h
№ 01 Chain Health

10 pools, on schedule

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

5.5 min
Median interval
half the blocks faster
65
Fast blocks1
under 5 min
200,361 txs
Busiest block
block 959,298
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 · 21.6h
Fast (<5 min) · 65 Normal · 59 Slow (>20 min) · 20
For the technical reader

Block timing. Mean interval 547.4 seconds (9.1 min) over 142 measured intervals across 144 blocks; median 330 seconds (5.5 min). Range 2 s to 3421 s (57.0 min). One sub-3-second interval observed.

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

Largest block. Block 959,298 at 200,361 transactions, the peak load in the window. Avg tx/block across all 144 blocks was 8,660.

№ 02 Teranode Network

14 Teranode operators visible on the public network

At least 14 operators are announcing on the public gossip network (2 acting as public relays), running versions from v0.13.1 to v0.16.0-beta-1. This is the publicly-visible set only; others almost certainly run Teranode without announcing.

14
Visible
announcing on mesh
2
Public relays
accept external tx
7
Caught up → tip
synced to latest block
Versions in use · 14 operators
v0.13.1 1 · v0.15.3 1 · v0.15.5 5 · v0.15.6-beta-1 1 · v0.15.6 5 · v0.16.0-beta-1 1
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 959,393). 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

10 pools produced today's 144 blocks

Mining-Dutch led at 36.1%. Distribution somewhat concentrated.

Mining-Dutch 36.1%
CUVVE 15.3%
GorillaPool 11.8%
taal.com 10.4%
qdlnk 9%
SA100 9%
Bitofsin 4.2%
Kryptex 2.1%
taal.com_Teranode 0.7%
unknown 0.7%
molepool.com 0.7%
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 52, CUVVE 22, GorillaPool 17, taal.com 15, qdlnk 13, SA100 13, Bitofsin 6, Kryptex 3, taal.com_Teranode 1, unknown 1, molepool.com 1. 143 of 144 blocks identified.

№ 04 Capital Flow

207 movements crossed the chain

2 of them moved more than 10,000 BSV, a combined ~$1.1 million at today's price.

2
Major
> 10K BSV
~$132,400+
27
Notable
1K – 10K BSV
~$13,240 – 132,400
178
Significant
100 – 1K BSV
~$1,324 – 13,240
Top movements
71,981.50BSV
≈ $953,035 2342d2ca1a…
2 → 2 Neutral
10,311.61BSV
≈ $136,526 429c8edb73…
2 → 2 Neutral
7,999.99BSV
≈ $105,920 d651dc8d5a…
2 → 1 Neutral
5,333.33BSV
≈ $70,613 d630d01cce…
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 146 days

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

New to the radar
17wGvMYDnndwzyr2oj… 71,982 BSV First appearance
1LLNvmFnMdcbZqGrMt… 10,312 BSV First appearance
13VoDtRGGexd6fg65h… 4,010 BSV First appearance
Recurring addresses
Address Behavior Confidence Active
6,777,386 BSV · 277 txs
Exchange-Like High 03-04 → 07-25
3,039,526 BSV · 113 txs
Exchange-Like High 03-02 → 07-25
2,615,952 BSV · 109 txs
Exchange-Like High 03-02 → 07-25
12,385,270 BSV · 79 txs
Exchange-Like High 03-08 → 07-25
0 BSV · 78 txs
Accumulator High 03-08 → 07-25
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 146-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
$13.24
▼ 1.4% over 24h
Throughput, avg
16tx/s
peak 334 tx/s · 10-min window
Avg tx / block8,660
Max tx / block200,361
Total transactions1,247,086
10-min peak200,361
For the technical reader

TPS is computed over the 21.6 hours of the scan window in 10-minute intervals, not per block. The peak is the busiest 10-minute window observed (200,361 transactions, ≈ 334 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 24 hours

1,247,086 transactions mapped to 10-minute windows. The brightest cell is the busiest window of the day.

111417202302050810:00:10:20:30:40:5011:00 UTC — 0 txs11:10 UTC — 0 txs11:20 UTC — 0 txs11:30 UTC — 559 txs11:40 UTC — 359 txs11:50 UTC — 0 txs12:00 UTC — 949 txs12:10 UTC — 0 txs12:20 UTC — 0 txs12:30 UTC — 1,383 txs12:40 UTC — 46,144 txs12:50 UTC — 0 txs13:00 UTC — 128,157 txs128k13:10 UTC — 30,319 txs13:20 UTC — 374 txs13:30 UTC — 0 txs13:40 UTC — 0 txs13:50 UTC — 0 txs14:00 UTC — 27 txs14:10 UTC — 11,689 txs14:20 UTC — 19 txs14:30 UTC — 0 txs14:40 UTC — 3,129 txs14:50 UTC — 0 txs15:00 UTC — 59,841 txs15:10 UTC — 42,153 txs15:20 UTC — 94,182 txs94k15:30 UTC — 11,555 txs15:40 UTC — 430 txs15:50 UTC — 307 txs16:00 UTC — 0 txs16:10 UTC — 375 txs16:20 UTC — 198 txs16:30 UTC — 242 txs16:40 UTC — 0 txs16:50 UTC — 254 txs17:00 UTC — 0 txs17:10 UTC — 161,034 txs161k17:20 UTC — 39,329 txs17:30 UTC — 0 txs17:40 UTC — 234 txs17:50 UTC — 0 txs18:00 UTC — 209 txs18:10 UTC — 80 txs18:20 UTC — 0 txs18:30 UTC — 225 txs18:40 UTC — 4 txs18:50 UTC — 124 txs19:00 UTC — 0 txs19:10 UTC — 146 txs19:20 UTC — 0 txs19:30 UTC — 0 txs19:40 UTC — 0 txs19:50 UTC — 200,361 txs200k20:00 UTC — 0 txs20:10 UTC — 0 txs20:20 UTC — 277 txs20:30 UTC — 0 txs20:40 UTC — 0 txs20:50 UTC — 229 txs21:00 UTC — 91 txs21:10 UTC — 158 txs21:20 UTC — 94 txs21:30 UTC — 147 txs21:40 UTC — 155 txs21:50 UTC — 508 txs22:00 UTC — 215 txs22:10 UTC — 0 txs22:20 UTC — 0 txs22:30 UTC — 35,143 txs22:40 UTC — 31,749 txs22:50 UTC — 82,944 txs83k23:00 UTC — 0 txs23:10 UTC — 0 txs23:20 UTC — 0 txs23:30 UTC — 0 txs23:40 UTC — 158,001 txs158k23:50 UTC — 93,702 txs94k00:00 UTC — 0 txs00:10 UTC — 1,344 txs00:20 UTC — 0 txs00:30 UTC — 533 txs00:40 UTC — 686 txs00:50 UTC — 873 txs01:00 UTC — 198 txs01:10 UTC — 0 txs01:20 UTC — 340 txs01:30 UTC — 93 txs01:40 UTC — 0 txs01:50 UTC — 201 txs02:00 UTC — 300 txs02:10 UTC — 0 txs02:20 UTC — 0 txs02:30 UTC — 0 txs02:40 UTC — 0 txs02:50 UTC — 0 txs03:00 UTC — 506 txs03:10 UTC — 0 txs03:20 UTC — 0 txs03:30 UTC — 265 txs03:40 UTC — 90 txs03:50 UTC — 0 txs04:00 UTC — 213 txs04:10 UTC — 78 txs04:20 UTC — 45 txs04:30 UTC — 67 txs04:40 UTC — 104 txs04:50 UTC — 128 txs05:00 UTC — 62 txs05:10 UTC — 0 txs05:20 UTC — 239 txs05:30 UTC — 0 txs05:40 UTC — 0 txs05:50 UTC — 658 txs06:00 UTC — 57 txs06:10 UTC — 79 txs06:20 UTC — 72 txs06:30 UTC — 175 txs06:40 UTC — 129 txs06:50 UTC — 89 txs07:00 UTC — 90 txs07:10 UTC — 0 txs07:20 UTC — 0 txs07:30 UTC — 349 txs07:40 UTC — 0 txs07:50 UTC — 232 txs08:00 UTC — 290 txs08:10 UTC — 177 txs08:20 UTC — 33 txs08:30 UTC — 0 txs08:40 UTC — 232 txs08:50 UTC — 155 txs09:00 UTC — 100 txs09:10 UTC — 0 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: 200,361 txs Coverage: 144 blocks · 21.6h 07-24 11:32 UTC → 07-25 09:07 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 98.3% of transactions, posting paired payment and data-publication outputs continuously. The breakdown below isolates the remaining 1.7% 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 · 98.3%
1.7%
1,226,014 tx 21,072 tx · all other
Excluding TxBlaster3 · 60,727 outputs
Payment 70.0% 42,509
P2PKH 39,372 · P2PK 3,135 · Multisig 2
Data Publication 22.7% 13,765
OP_RETURN 13,242 · Ordinal envelopes 407 · Spendable metadata 116
Contracts & Tokens 7.33% 4,453
STAS Gen 3: 160 · Custom locking: 4,293 · 12 unique structures

Of 18,218 non-payment outputs in this window, 72.7% were prunable (OP_RETURN) and 27.3% 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 13,242Spendable metadata 116Ordinal envelope 407STAS Gen 3 160Custom locking 4,293
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. 12 unique structures observed today across 4,453 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 5,543AIP 4,179B:// 3,127Metanet4 2,9491Sat-Ordinal 409BSV-21 315STAS 12OPUB 3
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 2,388application/bsv-20 315image/webp 307text/plain 290image/jpeg 145application/json 56image/png 25text/html 19
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 2026-07-25 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

Twetch led identifiable activity at 3,311 transactions. Most chain activity carries no such identifier; the names below are services whose on-chain shape is recognizable from prior analysis.

Twetch 3,311TreeChat 1,792dxs 418OYO 2993D Ordi 187ButterCup 135Indelible 74BSV Feed/View 24MNEE 22BSV Live Master 20memo.cash 10mintBlue 8Neucron 3
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

Ordinal Inscription

ORDINAL · selected from 407 candidates

Ordinal Inscription with a 910-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 d89638188b… Block 959,240 910 script bytes
Opcodes used
DUPHASH160EQUALVERIFYCHECKSIG0IF1ENDIF
Script preview
OP_DUP OP_HASH160 ff188f30747b1cb2b874624a906985665d2594e3 OP_EQUALVERIFY OP_CHECKSIG OP_0 OP_IF 6f7264 OP_1 6170706c69636174696f6e2f6a736f6e OP_0 7b22616374696f6e223a226573696d5f72656365697074222c22617070223a226d6572646174612e6e6f222c2268617368223a223835366337343766616639653338386239633138656663343
Skeleton
OP_DUP OP_HASH160 <DATA> OP_EQUALVERIFY OP_CHECKSIG OP_0 OP_IF 6f7264 OP_1 <DATA> OP_0 <DATA> OP_ENDIF
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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