BSV Intel the signal, daily
Edition 195
Tuesday · September 15, 2026
BSV Network · 24 hours ending September 15, 09:23 UTC

Edition 195

Edited by Bridget Doran · Scanned 09:33 UTC, September 15 · Blocks 966,711 → 966,854 · 1,020,117 transactions
Largest move
$1.25M
75,136 BSV · whale tier
Avg block time
10.5min
near schedule
Throughput
12tx/s
peak 650 tx/s
BSV price
$16.70
▼ 2.0% · 24h
№ 01 Chain Health

9 pools, on schedule

9 pools produced today's 144 blocks at an average interval of 10.5 min — on schedule relative to the 10-minute target.

7.3 min
Median interval
half the blocks faster
55
Fast blocks1
under 5 min
389,897 txs
Busiest block
block 966,720
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 · 24.6h
Fast (<5 min) · 55 Normal · 71 Slow (>20 min) · 18
For the technical reader

Block timing. Mean interval 627.3 seconds (10.5 min) over 141 measured intervals across 144 blocks; median 440 seconds (7.3 min). Range 2 s to 5637 s (94.0 min). One sub-3-second interval observed.

Cadence. Average interval 10.5 min — on schedule relative to the 10-minute target. 9 pools produced today's blocks.

Largest block. Block 966,720 at 389,897 transactions, the peak load in the window. Avg tx/block across all 144 blocks was 7,084.

№ 02 Teranode Network

5 Teranode operators visible on the public network

At least 5 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.

5
Visible
announcing on mesh
2
Public relays
accept external tx
5
Caught up → tip
synced to latest block
Versions in use · 5 operators
v0.15.6 2 · v0.15.9-beta-2 2 · 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 966,863). 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

CUVVE led at 16.7%. Distribution within normal range.

CUVVE 16.7%
Mining-Dutch 16.7%
qdlnk 14.6%
SA100 14.6%
GorillaPool 9.7%
taal.com 8.3%
molepool.com 7.6%
Kryptex 6.3%
Bitofsin 3.5%
unknown 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: CUVVE 24, Mining-Dutch 24, qdlnk 21, SA100 21, GorillaPool 14, taal.com 12, molepool.com 11, Kryptex 9, Bitofsin 5, unknown 3. 141 of 144 blocks identified.

№ 04 Capital Flow

168 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
~$167,000+
21
Notable
1K – 10K BSV
~$16,700 – 167,000
145
Significant
100 – 1K BSV
~$1,670 – 16,700
Top movements
75,135.54BSV
≈ $1,254,763 7363a7b602…
2 → 2 Neutral
13,133.27BSV
≈ $219,326 533ac33546…
1 → 2 Neutral
9,693.19BSV
≈ $161,876 a89b8294a4…
2 → 2 Neutral
4,500.00BSV
≈ $75,150 f7be7ed6a2…
2 → 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 198 days

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

New to the radar
1CUHvLHCEUHq2DzWFd… 75,136 BSV First appearance
18xLNnFSzq8Yk2g3yV… 9,693 BSV First appearance
1Fd1Ak2JYWqKqxhuRi… 3,001 BSV First appearance
Recurring addresses
Address Behavior Confidence Active
7,983,819 BSV · 403 txs
Exchange-Like High 03-04 → 09-13
5,488,077 BSV · 177 txs
Exchange-Like High 03-02 → 09-15
2,775,220 BSV · 133 txs
Exchange-Like High 03-02 → 08-19
17,398,084 BSV · 112 txs
Exchange-Like High 03-08 → 09-15
0 BSV · 111 txs
Accumulator High 03-08 → 09-15
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 198-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
$16.70
▼ 2.0% over 24h
Throughput, avg
12tx/s
peak 650 tx/s · 10-min window
Avg tx / block7,084
Max tx / block389,897
Total transactions1,020,117
10-min peak389,897
For the technical reader

TPS is computed over the 24.6 hours of the scan window in 10-minute intervals, not per block. The peak is the busiest 10-minute window observed (389,897 transactions, ≈ 650 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 27 hours

1,020,117 transactions mapped to 10-minute windows. The brightest cell is the busiest window of the day.

08111417202302050810:00:10:20:30:40:5008:00 UTC — 0 txs08:10 UTC — 0 txs08:20 UTC — 0 txs08:30 UTC — 0 txs08:40 UTC — 0 txs08:50 UTC — 55 txs09:00 UTC — 977 txs09:10 UTC — 0 txs09:20 UTC — 866 txs09:30 UTC — 0 txs09:40 UTC — 1,092 txs09:50 UTC — 672 txs10:00 UTC — 0 txs10:10 UTC — 0 txs10:20 UTC — 0 txs10:30 UTC — 2,175 txs10:40 UTC — 513 txs10:50 UTC — 641 txs11:00 UTC — 0 txs11:10 UTC — 0 txs11:20 UTC — 0 txs11:30 UTC — 0 txs11:40 UTC — 0 txs11:50 UTC — 0 txs12:00 UTC — 0 txs12:10 UTC — 0 txs12:20 UTC — 389,897 txs390k12:30 UTC — 0 txs12:40 UTC — 113,391 txs12:50 UTC — 0 txs13:00 UTC — 1,640 txs13:10 UTC — 0 txs13:20 UTC — 305 txs13:30 UTC — 703 txs13:40 UTC — 0 txs13:50 UTC — 0 txs14:00 UTC — 1,265 txs14:10 UTC — 0 txs14:20 UTC — 748 txs14:30 UTC — 292 txs14:40 UTC — 24 txs14:50 UTC — 0 txs15:00 UTC — 0 txs15:10 UTC — 0 txs15:20 UTC — 54,277 txs15:30 UTC — 0 txs15:40 UTC — 664 txs15:50 UTC — 605 txs16:00 UTC — 710 txs16:10 UTC — 0 txs16:20 UTC — 644 txs16:30 UTC — 0 txs16:40 UTC — 875 txs16:50 UTC — 795 txs17:00 UTC — 520 txs17:10 UTC — 0 txs17:20 UTC — 0 txs17:30 UTC — 197,759 txs198k17:40 UTC — 47,294 txs17:50 UTC — 30,468 txs18:00 UTC — 48,242 txs18:10 UTC — 39,010 txs18:20 UTC — 0 txs18:30 UTC — 35,594 txs18:40 UTC — 421 txs18:50 UTC — 7,133 txs19:00 UTC — 0 txs19:10 UTC — 859 txs19:20 UTC — 294 txs19:30 UTC — 452 txs19:40 UTC — 296 txs19:50 UTC — 828 txs20:00 UTC — 317 txs20:10 UTC — 23 txs20:20 UTC — 0 txs20:30 UTC — 0 txs20:40 UTC — 2,008 txs20:50 UTC — 0 txs21:00 UTC — 0 txs21:10 UTC — 1,300 txs21:20 UTC — 136 txs21:30 UTC — 516 txs21:40 UTC — 16 txs21:50 UTC — 1,074 txs22:00 UTC — 0 txs22:10 UTC — 0 txs22:20 UTC — 0 txs22:30 UTC — 1,216 txs22:40 UTC — 0 txs22:50 UTC — 549 txs23:00 UTC — 0 txs23:10 UTC — 0 txs23:20 UTC — 0 txs23:30 UTC — 9,039 txs23:40 UTC — 452 txs23:50 UTC — 160 txs00:00 UTC — 24 txs00:10 UTC — 0 txs00:20 UTC — 0 txs00:30 UTC — 1,853 txs00:40 UTC — 349 txs00:50 UTC — 0 txs01:00 UTC — 0 txs01:10 UTC — 0 txs01:20 UTC — 0 txs01:30 UTC — 0 txs01:40 UTC — 1,847 txs01:50 UTC — 333 txs02:00 UTC — 272 txs02:10 UTC — 0 txs02:20 UTC — 655 txs02:30 UTC — 288 txs02:40 UTC — 397 txs02:50 UTC — 313 txs03:00 UTC — 0 txs03:10 UTC — 555 txs03:20 UTC — 121 txs03:30 UTC — 238 txs03:40 UTC — 514 txs03:50 UTC — 340 txs04:00 UTC — 141 txs04:10 UTC — 361 txs04:20 UTC — 0 txs04:30 UTC — 0 txs04:40 UTC — 0 txs04:50 UTC — 1,071 txs05:00 UTC — 301 txs05:10 UTC — 320 txs05:20 UTC — 0 txs05:30 UTC — 0 txs05:40 UTC — 11 txs05:50 UTC — 781 txs06:00 UTC — 726 txs06:10 UTC — 516 txs06:20 UTC — 406 txs06:30 UTC — 0 txs06:40 UTC — 822 txs06:50 UTC — 487 txs07:00 UTC — 557 txs07:10 UTC — 0 txs07:20 UTC — 805 txs07:30 UTC — 0 txs07:40 UTC — 14 txs07:50 UTC — 1,019 txs08:00 UTC — 707 txs08:10 UTC — 427 txs08:20 UTC — 277 txs08:30 UTC — 464 txs08:40 UTC — 0 txs08:50 UTC — 0 txs09:00 UTC — 1,659 txs09:10 UTC — 100 txs09:20 UTC — 244 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: 389,897 txs Coverage: 144 blocks · 24.6h 09-14 08:50 UTC → 09-15 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

2.7 million outputs, by purpose

The TxBlaster service produced 59.6% of transactions, posting paired payment and data-publication outputs continuously. The breakdown below isolates the remaining 40.4% 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 · 59.6%
40.4%
607,829 tx 412,288 tx · all other
Excluding TxBlaster3 · 1,466,398 outputs
Payment 31.5% 462,644
P2PKH 447,601 · P2PK 15,006 · Multisig 37
Data Publication 25.9% 380,522
OP_RETURN 380,061 · Ordinal envelopes 303 · Spendable metadata 158
Contracts & Tokens 42.50% 623,232
STAS Gen 3: 139 · Custom locking: 623,093 · 4 unique structures

Of 1,003,754 non-payment outputs in this window, 37.9% were prunable (OP_RETURN) and 62.1% 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 380,061Spendable metadata 158Ordinal envelope 303STAS Gen 3 139Custom locking 623,093
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 60% 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. 4 unique structures observed today across 623,232 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 3,301B:// 2,152AIP 2,1111Sat-Ordinal 306Metanet4 107BSV-21 104STAS 28BAP 2
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 1,560text/plain 334image/webp 182application/bsv-20 104image/jpeg 94image/svg+xml 82image/png 41application/json 36
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 · 141 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
141endpoints
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_plite 10ls_users 9
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 2026-09-15 11:15 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 352,508 transactions. Most chain activity carries no such identifier; the names below are services whose on-chain shape is recognizable from prior analysis.

Teragun 352,508AIRCHIVE 14,166TreeChat 1,699Twetch 1,346Indelible 1,102dxs 716OYO 5783D Ordi 103MNEE 65mintBlue 32memo.cash 13BSV Live Master 3Neucron 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 37 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 9877b6420e… Block 966,714 71 script bytes
Opcodes used
2CHECKMULTISIG
Script preview
OP_2 03078dd24f931c6e3302bf6bcac6b1e869f42aef335cd79b5829a529fc822aaf73 031d6e8e7424c77b3ad2c16cd0c1ce5a8558c6538341a9b8e5fdbe33b3022dba65 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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