BSV Intel the signal, daily
Edition 189
Wednesday · September 9, 2026
BSV Network · 24 hours ending September 9, 09:23 UTC

Edition 189

Edited by Bridget Doran · Scanned 09:32 UTC, September 9 · Blocks 965,826 → 965,969 · 2,389,912 transactions
Largest move
$1.27M
75,174 BSV · whale tier
Avg block time
10.9min
near schedule
Throughput
26tx/s
peak 474 tx/s
BSV price
$16.88
▲ 0.3% · 24h
№ 01 Chain Health

9 pools, on schedule

9 pools produced today's 144 blocks at an average interval of 10.9 min — on schedule relative to the 10-minute target.

8.2 min
Median interval
half the blocks faster
51
Fast blocks1
under 5 min
225,057 txs
Busiest block
block 965,842
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 · 26h
Fast (<5 min) · 51 Normal · 70 Slow (>20 min) · 23
For the technical reader

Block timing. Mean interval 653.4 seconds (10.9 min) over 143 measured intervals across 144 blocks; median 492 seconds (8.2 min). Range 1 s to 4414 s (73.6 min). One sub-3-second interval observed.

Cadence. Average interval 10.9 min — on schedule relative to the 10-minute target. 9 pools produced today's blocks.

Largest block. Block 965,842 at 225,057 transactions, the peak load in the window. Avg tx/block across all 144 blocks was 16,597.

№ 02 Teranode Network

6 Teranode operators visible on the public network

At least 6 operators are announcing on the public gossip network (2 acting as public relays), running versions from v0.15.6 to v0.16.0-beta-11. This is the publicly-visible set only; others almost certainly run Teranode without announcing.

6
Visible
announcing on mesh
2
Public relays
accept external tx
5
Caught up → tip
synced to latest block
Versions in use · 6 operators
v0.15.6 2 · v0.15.8-beta-2 3 · v0.16.0-beta-11 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 965,983). 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

SA100 led at 21.5%. Distribution within normal range.

SA100 21.5%
CUVVE 17.4%
qdlnk 13.2%
taal.com 11.8%
GorillaPool 11.8%
Mining-Dutch 9.7%
Kryptex 7.6%
molepool.com 2.8%
unknown 2.1%
Bitofsin 2.1%
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: SA100 31, CUVVE 25, qdlnk 19, taal.com 17, GorillaPool 17, Mining-Dutch 14, Kryptex 11, molepool.com 4, unknown 3, Bitofsin 3. 141 of 144 blocks identified.

№ 04 Capital Flow

162 movements crossed the chain

2 of them moved more than 10,000 BSV, a combined ~$1.5 million at today's price.

2
Major
> 10K BSV
~$168,800+
19
Notable
1K – 10K BSV
~$16,880 – 168,800
141
Significant
100 – 1K BSV
~$1,688 – 16,880
Top movements
75,173.98BSV
≈ $1,268,937 929a0b4a27…
2 → 2 Neutral
16,242.65BSV
≈ $274,176 403db74634…
1 → 2 Neutral
7,354.00BSV
≈ $124,136 6d846a72b3…
308 → 2 Consolidation
5,342.91BSV
≈ $90,188 28f0e21a9d…
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

68 tracked addresses across 192 days

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

New to the radar
1E1ccQTHgxeXJ8dZ1T… 75,174 BSV First appearance
1HjJerYcBTDhMyTC8Y… 16,243 BSV First appearance
1Hdu1WhCLDA238Ekd2… 7,354 BSV First appearance
Recurring addresses
Address Behavior Confidence Active
7,859,302 BSV · 384 txs
Exchange-Like High 03-04 → 09-09
5,113,430 BSV · 164 txs
Exchange-Like High 03-02 → 09-09
2,775,220 BSV · 133 txs
Exchange-Like High 03-02 → 08-19
16,947,313 BSV · 109 txs
Exchange-Like High 03-08 → 09-09
813,873 BSV · 109 txs
Active Entity High 04-13 → 09-01
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 192-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
$16.88
▲ 0.3% over 24h
Throughput, avg
26tx/s
peak 474 tx/s · 10-min window
Avg tx / block16,597
Max tx / block225,057
Total transactions2,389,912
10-min peak284,366
For the technical reader

TPS is computed over the 26 hours of the scan window in 10-minute intervals, not per block. The peak is the busiest 10-minute window observed (284,366 transactions, ≈ 474 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 28 hours

2,389,912 transactions mapped to 10-minute windows. The brightest cell is the busiest window of the day.

07101316192201040710:00:10:20:30:40:5007:00 UTC — 0 txs07:10 UTC — 0 txs07:20 UTC — 142 txs07:30 UTC — 807 txs07:40 UTC — 0 txs07:50 UTC — 0 txs08:00 UTC — 1,403 txs08:10 UTC — 798 txs08:20 UTC — 0 txs08:30 UTC — 0 txs08:40 UTC — 1,488 txs08:50 UTC — 283 txs09:00 UTC — 197 txs09:10 UTC — 12 txs09:20 UTC — 0 txs09:30 UTC — 35,307 txs09:40 UTC — 0 txs09:50 UTC — 227,925 txs228k10:00 UTC — 54,934 txs10:10 UTC — 185,194 txs185k10:20 UTC — 184 txs10:30 UTC — 0 txs10:40 UTC — 1,429 txs10:50 UTC — 961 txs11:00 UTC — 0 txs11:10 UTC — 1,352 txs11:20 UTC — 0 txs11:30 UTC — 34 txs11:40 UTC — 1,858 txs11:50 UTC — 985 txs12:00 UTC — 388 txs12:10 UTC — 1,437 txs12:20 UTC — 1,176 txs12:30 UTC — 937 txs12:40 UTC — 0 txs12:50 UTC — 26,974 txs13:00 UTC — 175,420 txs175k13:10 UTC — 118,598 txs119k13:20 UTC — 38,397 txs13:30 UTC — 144,858 txs145k13:40 UTC — 0 txs13:50 UTC — 903 txs14:00 UTC — 0 txs14:10 UTC — 378 txs14:20 UTC — 315 txs14:30 UTC — 836 txs14:40 UTC — 733 txs14:50 UTC — 655 txs15:00 UTC — 0 txs15:10 UTC — 0 txs15:20 UTC — 988 txs15:30 UTC — 0 txs15:40 UTC — 0 txs15:50 UTC — 1,777 txs16:00 UTC — 0 txs16:10 UTC — 1,481 txs16:20 UTC — 500 txs16:30 UTC — 524 txs16:40 UTC — 600 txs16:50 UTC — 0 txs17:00 UTC — 745 txs17:10 UTC — 2,550 txs17:20 UTC — 260 txs17:30 UTC — 157 txs17:40 UTC — 0 txs17:50 UTC — 945 txs18:00 UTC — 0 txs18:10 UTC — 43,286 txs18:20 UTC — 0 txs18:30 UTC — 58,008 txs18:40 UTC — 0 txs18:50 UTC — 441 txs19:00 UTC — 399 txs19:10 UTC — 0 txs19:20 UTC — 873 txs19:30 UTC — 388 txs19:40 UTC — 353 txs19:50 UTC — 0 txs20:00 UTC — 0 txs20:10 UTC — 771 txs20:20 UTC — 190 txs20:30 UTC — 0 txs20:40 UTC — 243 txs20:50 UTC — 0 txs21:00 UTC — 322 txs21:10 UTC — 211 txs21:20 UTC — 0 txs21:30 UTC — 0 txs21:40 UTC — 458 txs21:50 UTC — 255 txs22:00 UTC — 0 txs22:10 UTC — 0 txs22:20 UTC — 0 txs22:30 UTC — 22,828 txs22:40 UTC — 0 txs22:50 UTC — 190,224 txs190k23:00 UTC — 0 txs23:10 UTC — 199,957 txs200k23:20 UTC — 43,191 txs23:30 UTC — 0 txs23:40 UTC — 0 txs23:50 UTC — 59 txs00:00 UTC — 16 txs00:10 UTC — 91,578 txs00:20 UTC — 52,032 txs00:30 UTC — 0 txs00:40 UTC — 41,009 txs00:50 UTC — 0 txs01:00 UTC — 0 txs01:10 UTC — 47 txs01:20 UTC — 0 txs01:30 UTC — 0 txs01:40 UTC — 0 txs01:50 UTC — 77,135 txs02:00 UTC — 8 txs02:10 UTC — 0 txs02:20 UTC — 2,642 txs02:30 UTC — 0 txs02:40 UTC — 0 txs02:50 UTC — 36,153 txs03:00 UTC — 74,293 txs03:10 UTC — 0 txs03:20 UTC — 284,366 txs284k03:30 UTC — 0 txs03:40 UTC — 111,397 txs03:50 UTC — 666 txs04:00 UTC — 287 txs04:10 UTC — 426 txs04:20 UTC — 308 txs04:30 UTC — 797 txs04:40 UTC — 1,829 txs04:50 UTC — 91 txs05:00 UTC — 1,941 txs05:10 UTC — 487 txs05:20 UTC — 0 txs05:30 UTC — 850 txs05:40 UTC — 407 txs05:50 UTC — 0 txs06:00 UTC — 504 txs06:10 UTC — 730 txs06:20 UTC — 0 txs06:30 UTC — 0 txs06:40 UTC — 3,366 txs06:50 UTC — 169 txs07:00 UTC — 291 txs07:10 UTC — 0 txs07:20 UTC — 0 txs07:30 UTC — 0 txs07:40 UTC — 0 txs07:50 UTC — 0 txs08:00 UTC — 0 txs08:10 UTC — 2,742 txs08:20 UTC — 3 txs08:30 UTC — 1,265 txs08:40 UTC — 441 txs08:50 UTC — 551 txs09:00 UTC — 0 txs09:10 UTC — 0 txs09:20 UTC — 803 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: 284,366 txs Coverage: 144 blocks · 26h 09-08 07:26 UTC → 09-09 09:23 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

4.8 million outputs, by purpose

The TxBlaster service produced 84.8% of transactions, posting paired payment and data-publication outputs continuously. The breakdown below isolates the remaining 15.2% 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 · 84.8%
15.2%
2,025,937 tx 363,975 tx · all other
Excluding TxBlaster3 · 766,081 outputs
Payment 56.7% 434,664
P2PKH 412,712 · P2PK 21,931 · Multisig 21
Data Publication 42.3% 323,989
OP_RETURN 320,422 · Ordinal envelopes 221 · Spendable metadata 3,346
Contracts & Tokens 0.97% 7,428
STAS Gen 3: 555 · Custom locking: 6,873 · 11 unique structures

Of 331,417 non-payment outputs in this window, 96.7% were prunable (OP_RETURN) and 3.3% 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 320,422Spendable metadata 3,346Ordinal envelope 221STAS Gen 3 555Custom locking 6,873
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 85% 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. 11 unique structures observed today across 7,428 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
Metanet4 30,382MAP 4,792B:// 3,296AIP 3,008STAS 3831Sat-Ordinal 226BSV-21 57OPUB 23
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 2,266text/plain 759image/webp 175image/jpeg 110image/png 76application/bsv-20 57application/json 48image/gif 15
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

151 SHIP endpoints · 144 SLAP endpoints

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

SHIP · intake side
151endpoints
across 88 topics
SLAP · query side
144endpoints
across 82 topics
Top topic managers · SHIP (of 88)
tm_template 18tm_plite 15tm_uhrp 12tm_users 11tm_identity 10
Top lookup services · SLAP (of 82)
ls_template 17ls_uhrp 11ls_identity 10ls_users 10ls_plite 10
Directory topics tm_ship (27) · tm_slap (27) · ls_ship (25) · ls_slap (25)
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 2026-09-09 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

Teragun led identifiable activity at 254,009 transactions. Most chain activity carries no such identifier; the names below are services whose on-chain shape is recognizable from prior analysis.

Teragun 254,009AIRCHIVE 25,502TreeChat 2,965Twetch 1,670dxs 1,568OYO 587Indelible 3903D Ordi 65mintBlue 59BSV Live Master 25MNEE 19memo.cash 13CASHEIO 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

Programmable Contract

CONTRACT · selected from 6,873 candidates

Programmable Contract with a 2,105-byte payload

What it does. This script uses conditional logic (OP_IF/OP_ELSE), byte manipulation (OP_SPLIT/OP_CAT), or hash operations to enforce spending conditions beyond simple signature verification.

Why it matters. Demonstrates BSV's full scripting capability for programmable money and stateful applications.

TX 23ec161c32… Block 965,826 2,105 script bytes
Opcodes used
DROPCHECKSIG
Script preview
a362707584a2616e6a616e63686f72547970656176636c6569a2616e68616e63686f724964617674323534393030573056314859314d50314a5a3935a2616e677061796c6f61646176a46673746174757366414354495645696c6567616c4e616d65781f425352455020562d41204c7574657469756d20506f6f6c696e67204c74642e6c6a7572697364696374696f6e624b59707265
Skeleton
<DATA> OP_DROP <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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