BSV Intel the signal, daily
Edition 191
Friday · September 11, 2026
BSV Network · 24 hours ending September 11, 09:27 UTC

Edition 191

Edited by Bridget Doran · Scanned 09:31 UTC, September 11 · Blocks 966,126 → 966,269 · 1,143,604 transactions
Largest move
$261K
16,242 BSV · whale tier
Avg block time
9.2min
near schedule
Throughput
15tx/s
peak 585 tx/s
BSV price
$16.07
▼ 0.1% · 24h
№ 01 Chain Health

9 pools, on schedule

9 pools produced today's 144 blocks at an average interval of 9.2 min — on schedule relative to the 10-minute target.

6 min
Median interval
half the blocks faster
65
Fast blocks1
under 5 min
350,719 txs
Busiest block
block 966,233
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 · 21.8h
Fast (<5 min) · 65 Normal · 64 Slow (>20 min) · 15
For the technical reader

Block timing. Mean interval 553.4 seconds (9.2 min) over 142 measured intervals across 144 blocks; median 360 seconds (6 min). Range 4 s to 4590 s (76.5 min).

Cadence. Average interval 9.2 min — on schedule relative to the 10-minute target. 9 pools produced today's blocks.

Largest block. Block 966,233 at 350,719 transactions, the peak load in the window. Avg tx/block across all 144 blocks was 7,942.

№ 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 966,276). 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 21.5%. Distribution within normal range.

Mining-Dutch 21.5%
SA100 17.4%
CUVVE 14.6%
taal.com 13.2%
qdlnk 13.2%
GorillaPool 8.3%
Kryptex 7.6%
Bitofsin 3.5%
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 31, SA100 25, CUVVE 21, taal.com 19, qdlnk 19, GorillaPool 12, Kryptex 11, Bitofsin 5, molepool.com 1. 144 of 144 blocks identified.

№ 04 Capital Flow

152 movements crossed the chain

4 of them moved more than 10,000 BSV, a combined ~$1.0 million at today's price.

4
Major
> 10K BSV
~$160,700+
25
Notable
1K – 10K BSV
~$16,070 – 160,700
123
Significant
100 – 1K BSV
~$1,607 – 16,070
Top movements
16,242.20BSV
≈ $261,012 79bc39aa80…
1 → 2 Neutral
16,242.05BSV
≈ $261,010 78298bb0fb…
1 → 2 Neutral
16,241.54BSV
≈ $261,002 03e4e3a788…
1 → 2 Neutral
14,441.54BSV
≈ $232,076 9f6d1b5b45…
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

67 tracked addresses across 194 days

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

New to the radar
16qAouhKHH2kfhRziw… 16,242 BSV First appearance
1FSsCddKSNRt2PAico… 16,242 BSV First appearance
1AZuMpMNXTPMTLJPXV… 3,510 BSV First appearance
Recurring addresses
Address Behavior Confidence Active
7,939,783 BSV · 394 txs
Exchange-Like High 03-04 → 09-11
5,237,964 BSV · 168 txs
Exchange-Like High 03-02 → 09-11
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 194-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
$16.07
▼ 0.1% over 24h
Throughput, avg
15tx/s
peak 585 tx/s · 10-min window
Avg tx / block7,942
Max tx / block350,719
Total transactions1,143,604
10-min peak350,719
For the technical reader

TPS is computed over the 21.8 hours of the scan window in 10-minute intervals, not per block. The peak is the busiest 10-minute window observed (350,719 transactions, ≈ 585 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

1,143,604 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 — 735 txs11:40 UTC — 364 txs11:50 UTC — 1,027 txs12:00 UTC — 152 txs12:10 UTC — 590 txs12:20 UTC — 2,523 txs12:30 UTC — 228 txs12:40 UTC — 34 txs12:50 UTC — 0 txs13:00 UTC — 3,360 txs13:10 UTC — 683 txs13:20 UTC — 697 txs13:30 UTC — 156 txs13:40 UTC — 195 txs13:50 UTC — 0 txs14:00 UTC — 0 txs14:10 UTC — 1,452 txs14:20 UTC — 0 txs14:30 UTC — 1,399 txs14:40 UTC — 1,754 txs14:50 UTC — 1,400 txs15:00 UTC — 2,032 txs15:10 UTC — 619 txs15:20 UTC — 0 txs15:30 UTC — 3,043 txs15:40 UTC — 809 txs15:50 UTC — 1,506 txs16:00 UTC — 781 txs16:10 UTC — 0 txs16:20 UTC — 0 txs16:30 UTC — 0 txs16:40 UTC — 0 txs16:50 UTC — 0 txs17:00 UTC — 6,380 txs17:10 UTC — 1,444 txs17:20 UTC — 844 txs17:30 UTC — 560 txs17:40 UTC — 1,559 txs17:50 UTC — 0 txs18:00 UTC — 0 txs18:10 UTC — 3,513 txs18:20 UTC — 1,649 txs18:30 UTC — 1,507 txs18:40 UTC — 550 txs18:50 UTC — 573 txs19:00 UTC — 0 txs19:10 UTC — 36 txs19:20 UTC — 4,038 txs19:30 UTC — 1,467 txs19:40 UTC — 1,373 txs19:50 UTC — 1,557 txs20:00 UTC — 923 txs20:10 UTC — 0 txs20:20 UTC — 2,404 txs20:30 UTC — 1,184 txs20:40 UTC — 599 txs20:50 UTC — 0 txs21:00 UTC — 2,985 txs21:10 UTC — 640 txs21:20 UTC — 0 txs21:30 UTC — 2,534 txs21:40 UTC — 1,587 txs21:50 UTC — 398 txs22:00 UTC — 1,364 txs22:10 UTC — 1,079 txs22:20 UTC — 0 txs22:30 UTC — 0 txs22:40 UTC — 0 txs22:50 UTC — 0 txs23:00 UTC — 0 txs23:10 UTC — 0 txs23:20 UTC — 0 txs23:30 UTC — 7,157 txs23:40 UTC — 6 txs23:50 UTC — 12 txs00:00 UTC — 5,567 txs00:10 UTC — 1,226 txs00:20 UTC — 1,994 txs00:30 UTC — 750 txs00:40 UTC — 0 txs00:50 UTC — 2,404 txs01:00 UTC — 1,056 txs01:10 UTC — 16 txs01:20 UTC — 155,358 txs155k01:30 UTC — 309,801 txs310k01:40 UTC — 37,585 txs01:50 UTC — 53,723 txs02:00 UTC — 0 txs02:10 UTC — 0 txs02:20 UTC — 350,719 txs351k02:30 UTC — 89,401 txs02:40 UTC — 0 txs02:50 UTC — 0 txs03:00 UTC — 0 txs03:10 UTC — 0 txs03:20 UTC — 11,920 txs03:30 UTC — 177 txs03:40 UTC — 29 txs03:50 UTC — 0 txs04:00 UTC — 599 txs04:10 UTC — 240 txs04:20 UTC — 64 txs04:30 UTC — 2,038 txs04:40 UTC — 0 txs04:50 UTC — 0 txs05:00 UTC — 649 txs05:10 UTC — 0 txs05:20 UTC — 992 txs05:30 UTC — 0 txs05:40 UTC — 14 txs05:50 UTC — 810 txs06:00 UTC — 569 txs06:10 UTC — 0 txs06:20 UTC — 0 txs06:30 UTC — 0 txs06:40 UTC — 1,477 txs06:50 UTC — 1,079 txs07:00 UTC — 905 txs07:10 UTC — 0 txs07:20 UTC — 0 txs07:30 UTC — 1,398 txs07:40 UTC — 0 txs07:50 UTC — 0 txs08:00 UTC — 1,096 txs08:10 UTC — 0 txs08:20 UTC — 4,605 txs08:30 UTC — 27,626 txs08:40 UTC — 0 txs08:50 UTC — 769 txs09:00 UTC — 0 txs09:10 UTC — 829 txs09:20 UTC — 658 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: 350,719 txs Coverage: 144 blocks · 21.8h 09-10 11:38 UTC → 09-11 09:27 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

2.8 million outputs, by purpose

The TxBlaster service produced 87.9% of transactions, posting paired payment and data-publication outputs continuously. The breakdown below isolates the remaining 12.1% 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 · 87.9%
12.1%
1,005,711 tx 137,893 tx · all other
Excluding TxBlaster3 · 758,881 outputs
Payment 75.3% 571,281
P2PKH 561,217 · P2PK 10,020 · Multisig 44
Data Publication 23.9% 181,573
OP_RETURN 181,297 · Ordinal envelopes 252 · Spendable metadata 24
Contracts & Tokens 0.79% 6,027
STAS Gen 3: 229 · Custom locking: 5,798 · 10 unique structures

Of 187,600 non-payment outputs in this window, 96.6% were prunable (OP_RETURN) and 3.4% 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 181,297Spendable metadata 24Ordinal envelope 252STAS Gen 3 229Custom locking 5,798
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 88% 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. 10 unique structures observed today across 6,027 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 3,474Metanet4 2,459AIP 2,428B:// 2,2001Sat-Ordinal 252BSV-21 119STAS 32OPUB 8
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 1,769text/plain 201image/webp 158application/bsv-20 119application/json 83image/jpeg 68video/mp4 25image/png 10
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 2026-09-11 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 31,003 transactions. Most chain activity carries no such identifier; the names below are services whose on-chain shape is recognizable from prior analysis.

Teragun 31,003AIRCHIVE 29,974TreeChat 1,803Twetch 1,492dxs 1,064Indelible 810OYO 5733D Ordi 114MNEE 91mintBlue 46BSV Live Master 28memo.cash 12
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

Standard Payment (P2PKH)

P2PKH · selected from 561,217 candidates

Standard Payment (P2PKH) with a 25-byte payload

What it does. This script locks coins to a hash (fingerprint) of a public key. To spend them, the spender must reveal the public key and provide a valid signature proving they control the matching private key.

Why it matters. This template forms the standard payment mechanism in the original Bitcoin design and is widely used by wallets.

TX 8bedc0da91… Block 966,126 25 script bytes
Opcodes used
DUPHASH160EQUALVERIFYCHECKSIG
Script preview
OP_DUP OP_HASH160 45c3f69d7b666bb744747e63eebb1966ec19f547 OP_EQUALVERIFY OP_CHECKSIG
Skeleton
OP_DUP OP_HASH160 <DATA> OP_EQUALVERIFY 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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