BSV Intel the signal, daily
Edition 190
Thursday · September 10, 2026
BSV Network · 24 hours ending September 10, 08:57 UTC

Edition 190

Edited by Bridget Doran · Scanned 09:33 UTC, September 10 · Blocks 965,973 → 966,116 · 4,157,783 transactions
Largest move
$1.21M
75,152 BSV · whale tier
Avg block time
9.7min
near schedule
Throughput
51tx/s
peak 676 tx/s
BSV price
$16.14
▼ 4.4% · 24h

Reconstructed on 2026-09-25 from recovered and archived data. Some live network snapshots from the original edition could not be recovered.

№ 01 Chain Health

9 pools, on schedule

9 pools produced today's 144 blocks at an average interval of 9.7 min — on schedule relative to the 10-minute target.

7.2 min
Median interval
half the blocks faster
58
Fast blocks1
under 5 min
378,935 txs
Busiest block
block 966,079
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 · 22.7h
Fast (<5 min) · 58 Normal · 67 Slow (>20 min) · 19
For the technical reader

Block timing. Mean interval 579.5 seconds (9.7 min) over 141 measured intervals across 144 blocks; median 429 seconds (7.2 min). Range 2 s to 2571 s (42.9 min). One sub-3-second interval observed.

Cadence. Average interval 9.7 min — on schedule relative to the 10-minute target. 9 pools produced today's blocks.

Largest block. Block 966,079 at 378,935 transactions, the peak load in the window. Avg tx/block across all 144 blocks was 28,873.

№ 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 966,124). 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

taal.com led at 20.1%. Distribution within normal range.

taal.com 20.1%
Mining-Dutch 18.1%
CUVVE 15.3%
qdlnk 12.5%
SA100 9.7%
Kryptex 8.3%
GorillaPool 8.3%
molepool.com 5.6%
unknown 1.4%
Bitofsin 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: taal.com 29, Mining-Dutch 26, CUVVE 22, qdlnk 18, SA100 14, Kryptex 12, GorillaPool 12, molepool.com 8, unknown 2, Bitofsin 1. 142 of 144 blocks identified.

№ 04 Capital Flow

165 movements crossed the chain

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

1
Major
> 10K BSV
~$161,400+
13
Notable
1K – 10K BSV
~$16,140 – 161,400
151
Significant
100 – 1K BSV
~$1,614 – 16,140
Top movements
75,151.90BSV
≈ $1,212,952 a431bb7aca…
2 → 2 Neutral
4,856.20BSV
≈ $78,379 db57ac405d…
1 → 2 Neutral
4,628.24BSV
≈ $74,700 0900570ff4…
1 → 2 Neutral
4,581.91BSV
≈ $73,952 4f0d4feb69…
1 → 3 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

67 tracked addresses across 193 days

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

New to the radar
1PSMUTt3WKeTaLzkSa… 75,152 BSV First appearance
17gqWPt4pTvjLVMHxw… 4,856 BSV First appearance
17gqWPt4pTvjLVMHxw… 4,628 BSV First appearance
Recurring addresses
Address Behavior Confidence Active
7,895,637 BSV · 388 txs
Exchange-Like High 03-04 → 09-10
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
17,097,603 BSV · 110 txs
Exchange-Like High 03-08 → 09-10
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 193-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
$16.14
▼ 4.4% over 24h
Throughput, avg
51tx/s
peak 676 tx/s · 10-min window
Avg tx / block28,873
Max tx / block378,935
Total transactions4,157,783
10-min peak405,691
For the technical reader

TPS is computed over the 22.7 hours of the scan window in 10-minute intervals, not per block. The peak is the busiest 10-minute window observed (405,691 transactions, ≈ 676 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

4,157,783 transactions mapped to 10-minute windows. The brightest cell is the busiest window of the day.

101316192201040709:00:10:20:30:40:5010:00 UTC — 0 txs10:10 UTC — 4,993 txs10:20 UTC — 0 txs10:30 UTC — 6,249 txs10:40 UTC — 18,284 txs10:50 UTC — 51,578 txs11:00 UTC — 0 txs11:10 UTC — 331,732 txs332k11:20 UTC — 65,935 txs11:30 UTC — 48,082 txs11:40 UTC — 24,214 txs11:50 UTC — 140,646 txs12:00 UTC — 146,230 txs12:10 UTC — 148,659 txs12:20 UTC — 49,001 txs12:30 UTC — 0 txs12:40 UTC — 8,309 txs12:50 UTC — 43,454 txs13:00 UTC — 0 txs13:10 UTC — 10,313 txs13:20 UTC — 0 txs13:30 UTC — 801 txs13:40 UTC — 589 txs13:50 UTC — 0 txs14:00 UTC — 0 txs14:10 UTC — 0 txs14:20 UTC — 73 txs14:30 UTC — 103,662 txs14:40 UTC — 164,327 txs164k14:50 UTC — 152,038 txs15:00 UTC — 72,092 txs15:10 UTC — 10,888 txs15:20 UTC — 607 txs15:30 UTC — 273 txs15:40 UTC — 311 txs15:50 UTC — 300 txs16:00 UTC — 501 txs16:10 UTC — 0 txs16:20 UTC — 0 txs16:30 UTC — 825 txs16:40 UTC — 0 txs16:50 UTC — 176,736 txs177k17:00 UTC — 0 txs17:10 UTC — 0 txs17:20 UTC — 210,282 txs210k17:30 UTC — 26,656 txs17:40 UTC — 196,546 txs197k17:50 UTC — 69,089 txs18:00 UTC — 192,658 txs193k18:10 UTC — 0 txs18:20 UTC — 132,929 txs18:30 UTC — 227 txs18:40 UTC — 842 txs18:50 UTC — 28,982 txs19:00 UTC — 38,821 txs19:10 UTC — 174,254 txs174k19:20 UTC — 0 txs19:30 UTC — 0 txs19:40 UTC — 258,101 txs258k19:50 UTC — 2,214 txs20:00 UTC — 868 txs20:10 UTC — 0 txs20:20 UTC — 451 txs20:30 UTC — 981 txs20:40 UTC — 0 txs20:50 UTC — 0 txs21:00 UTC — 951 txs21:10 UTC — 287 txs21:20 UTC — 0 txs21:30 UTC — 0 txs21:40 UTC — 0 txs21:50 UTC — 1,388 txs22:00 UTC — 18 txs22:10 UTC — 1,034 txs22:20 UTC — 104,884 txs22:30 UTC — 0 txs22:40 UTC — 148,968 txs22:50 UTC — 0 txs23:00 UTC — 0 txs23:10 UTC — 247,397 txs247k23:20 UTC — 0 txs23:30 UTC — 937 txs23:40 UTC — 2,495 txs23:50 UTC — 692 txs00:00 UTC — 0 txs00:10 UTC — 0 txs00:20 UTC — 0 txs00:30 UTC — 96,755 txs00:40 UTC — 0 txs00:50 UTC — 0 txs01:00 UTC — 40 txs01:10 UTC — 405,691 txs406k01:20 UTC — 284 txs01:30 UTC — 257 txs01:40 UTC — 0 txs01:50 UTC — 0 txs02:00 UTC — 1,212 txs02:10 UTC — 416 txs02:20 UTC — 0 txs02:30 UTC — 1,832 txs02:40 UTC — 0 txs02:50 UTC — 29 txs03:00 UTC — 572 txs03:10 UTC — 0 txs03:20 UTC — 0 txs03:30 UTC — 660 txs03:40 UTC — 0 txs03:50 UTC — 325 txs04:00 UTC — 18 txs04:10 UTC — 586 txs04:20 UTC — 0 txs04:30 UTC — 226 txs04:40 UTC — 164 txs04:50 UTC — 548 txs05:00 UTC — 880 txs05:10 UTC — 0 txs05:20 UTC — 0 txs05:30 UTC — 7,666 txs05:40 UTC — 0 txs05:50 UTC — 5,233 txs06:00 UTC — 2,446 txs06:10 UTC — 0 txs06:20 UTC — 721 txs06:30 UTC — 0 txs06:40 UTC — 1,056 txs06:50 UTC — 723 txs07:00 UTC — 423 txs07:10 UTC — 247 txs07:20 UTC — 372 txs07:30 UTC — 256 txs07:40 UTC — 0 txs07:50 UTC — 0 txs08:00 UTC — 0 txs08:10 UTC — 1,778 txs08:20 UTC — 0 txs08:30 UTC — 0 txs08:40 UTC — 0 txs08:50 UTC — 1,713 txs09:00 UTC — 0 txs09:10 UTC — 0 txs09:20 UTC — 0 txs09:30 UTC — 0 txs09:40 UTC — 0 txs09:50 UTC — 0 txsActivity:High
Peak 10-min window: 405,691 txs Coverage: 144 blocks · 22.7h 09-09 10:16 UTC → 09-10 08:57 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

8.4 million outputs, by purpose

The TxBlaster service produced 96.3% of transactions, posting paired payment and data-publication outputs continuously. The breakdown below isolates the remaining 3.7% 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 · 96.3%
3.7%
4,003,902 tx 153,881 tx · all other
Excluding TxBlaster3 · 361,786 outputs
Payment 65.9% 238,540
P2PKH 198,490 · P2PK 40,017 · Multisig 33
Data Publication 32.3% 116,986
OP_RETURN 116,624 · Ordinal envelopes 249 · Spendable metadata 113
Contracts & Tokens 1.73% 6,260
STAS Gen 3: 152 · Custom locking: 6,108 · 13 unique structures

Of 123,246 non-payment outputs in this window, 94.6% were prunable (OP_RETURN) and 5.4% 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 116,624Spendable metadata 113Ordinal envelope 249STAS Gen 3 152Custom locking 6,108
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 96% 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. 13 unique structures observed today across 6,260 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 34,298MAP 4,540AIP 3,252B:// 3,2071Sat-Ordinal 251BSV-21 164STAS 34OPUB 10
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 2,439text/plain 519image/webp 191application/bsv-20 164image/jpeg 48image/png 33application/json 32image/gif 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

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 2026-09-10 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 50,001 transactions. Most chain activity carries no such identifier; the names below are services whose on-chain shape is recognizable from prior analysis.

Teragun 50,001AIRCHIVE 23,058TreeChat 2,487Twetch 1,925dxs 1,341Indelible 910OYO 605MNEE 1383D Ordi 61BSV Live Master 17memo.cash 13mintBlue 4GaiaLog 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 33 candidates

Multi-Signature with a 255-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 e94f4e30f1… Block 965,973 255 script bytes
Opcodes used
DUPHASH160EQUALVERIFY2SWAPCHECKMULTISIG
Script preview
OP_DUP OP_HASH160 56a04f6cfaca26c71cb9a05ee906bb85cf0bf4c5 OP_EQUALVERIFY OP_2 OP_SWAP 022a68d38ca41dbcfedadf74012a3a71132313e96f4d1064aad57d4958e5b82881 OP_2 OP_CHECKMULTISIG 4cbe7b227469746c65223a22456767222c22736572696573223a323036362c22696d616765223a22623a2f2f383031656137656230393831346630323738
Skeleton
OP_DUP OP_HASH160 <DATA> OP_EQUALVERIFY OP_2 OP_SWAP <DATA> OP_2 OP_CHECKMULTISIG <DATA>
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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