BSV Intel the signal, daily
Edition 198
Friday · September 18, 2026
BSV Network · 24 hours ending September 18, 09:19 UTC

Edition 198

Edited by Bridget Doran · Scanned 09:32 UTC, September 18 · Blocks 967,144 → 967,287 · 1,115,401 transactions
Largest move
$218K
12,978 BSV · whale tier
Avg block time
9.3min
near schedule
Throughput
14tx/s
peak 534 tx/s
BSV price
$16.79
▲ 4.0% · 24h
№ 01 Chain Health

9 pools, on schedule

9 pools produced today's 144 blocks at an average interval of 9.3 min — on schedule relative to the 10-minute target.

6.5 min
Median interval
half the blocks faster
60
Fast blocks1
under 5 min
241,532 txs
Busiest block
block 967,234
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 · 22.1h
Fast (<5 min) · 60 Normal · 67 Slow (>20 min) · 17
For the technical reader

Block timing. Mean interval 559.8 seconds (9.3 min) over 142 measured intervals across 144 blocks; median 392 seconds (6.5 min). Range 2 s to 3045 s (50.8 min). One sub-3-second interval observed.

Cadence. Average interval 9.3 min — on schedule relative to the 10-minute target. 9 pools produced today's blocks.

Largest block. Block 967,234 at 241,532 transactions, the peak load in the window. Avg tx/block across all 144 blocks was 7,746.

№ 02 Teranode Network

4 Teranode operators visible on the public network

At least 4 operators are announcing on the public gossip network (1 acting as public relays), running versions from v0.15.9-beta-2 to v0.16.0-beta-11. This is the publicly-visible set only; others almost certainly run Teranode without announcing.

4
Visible
announcing on mesh
1
Public relays
accept external tx
4
Caught up → tip
synced to latest block
Versions in use · 4 operators
v0.15.9-beta-2 1 · v0.15.9 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 967,299). 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

Kryptex led at 17.4%. Distribution within normal range.

Kryptex 17.4%
SA100 16%
CUVVE 13.2%
qdlnk 12.5%
Mining-Dutch 11.8%
GorillaPool 8.3%
taal.com 8.3%
Bitofsin 5.6%
molepool.com 3.5%
unknown 3.5%
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: Kryptex 25, SA100 23, CUVVE 19, qdlnk 18, Mining-Dutch 17, GorillaPool 12, taal.com 12, Bitofsin 8, molepool.com 5, unknown 5. 139 of 144 blocks identified.

№ 04 Capital Flow

150 movements crossed the chain

4 of them moved more than 10,000 BSV, a combined ~$864,864 at today's price.

4
Major
> 10K BSV
~$167,900+
15
Notable
1K – 10K BSV
~$16,790 – 167,900
131
Significant
100 – 1K BSV
~$1,679 – 16,790
Top movements
12,978.29BSV
≈ $217,906 cb91083fd4…
1 → 2 Neutral
12,977.63BSV
≈ $217,894 40a82884cf…
1 → 2 Neutral
12,976.38BSV
≈ $217,873 6dd0885e17…
1 → 2 Neutral
12,578.38BSV
≈ $211,191 f46e75a747…
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

66 tracked addresses across 201 days

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

New to the radar
125AXFZ1sYQQoxQ8M2… 12,978 BSV First appearance
1Fv8x2JkYeamxE1oxf… 12,976 BSV First appearance
13yBADPbx89Lhh8Efh… 9,979 BSV First appearance
Recurring addresses
Address Behavior Confidence Active
7,985,894 BSV · 404 txs
Exchange-Like High 03-04 → 09-16
5,669,832 BSV · 184 txs
Exchange-Like High 03-02 → 09-18
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 201-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
$16.79
▲ 4.0% over 24h
Throughput, avg
14tx/s
peak 534 tx/s · 10-min window
Avg tx / block7,746
Max tx / block241,532
Total transactions1,115,401
10-min peak320,431
For the technical reader

TPS is computed over the 22.1 hours of the scan window in 10-minute intervals, not per block. The peak is the busiest 10-minute window observed (320,431 transactions, ≈ 534 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

1,115,401 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 — 15 txs11:20 UTC — 1,407 txs11:30 UTC — 0 txs11:40 UTC — 0 txs11:50 UTC — 0 txs12:00 UTC — 0 txs12:10 UTC — 3,136 txs12:20 UTC — 258 txs12:30 UTC — 0 txs12:40 UTC — 1,321 txs12:50 UTC — 189 txs13:00 UTC — 323 txs13:10 UTC — 371 txs13:20 UTC — 375 txs13:30 UTC — 0 txs13:40 UTC — 0 txs13:50 UTC — 0 txs14:00 UTC — 0 txs14:10 UTC — 1,939 txs14:20 UTC — 0 txs14:30 UTC — 1,489 txs14:40 UTC — 617 txs14:50 UTC — 2,462 txs15:00 UTC — 579 txs15:10 UTC — 1,205 txs15:20 UTC — 1,009 txs15:30 UTC — 0 txs15:40 UTC — 2,064 txs15:50 UTC — 2,082 txs16:00 UTC — 0 txs16:10 UTC — 0 txs16:20 UTC — 2,892 txs16:30 UTC — 1,288 txs16:40 UTC — 0 txs16:50 UTC — 4,069 txs17:00 UTC — 1,307 txs17:10 UTC — 0 txs17:20 UTC — 1,978 txs17:30 UTC — 1,576 txs17:40 UTC — 1,300 txs17:50 UTC — 280 txs18:00 UTC — 0 txs18:10 UTC — 0 txs18:20 UTC — 3,146 txs18:30 UTC — 140 txs18:40 UTC — 1,604 txs18:50 UTC — 0 txs19:00 UTC — 1,846 txs19:10 UTC — 1,465 txs19:20 UTC — 0 txs19:30 UTC — 1,423 txs19:40 UTC — 951 txs19:50 UTC — 1,676 txs20:00 UTC — 610 txs20:10 UTC — 556 txs20:20 UTC — 2,273 txs20:30 UTC — 141 txs20:40 UTC — 0 txs20:50 UTC — 103 txs21:00 UTC — 0 txs21:10 UTC — 3,617 txs21:20 UTC — 0 txs21:30 UTC — 3,085 txs21:40 UTC — 1,280 txs21:50 UTC — 0 txs22:00 UTC — 38 txs22:10 UTC — 14 txs22:20 UTC — 2,649 txs22:30 UTC — 0 txs22:40 UTC — 0 txs22:50 UTC — 0 txs23:00 UTC — 3,733 txs23:10 UTC — 22 txs23:20 UTC — 320,431 txs320k23:30 UTC — 0 txs23:40 UTC — 184,650 txs185k23:50 UTC — 0 txs00:00 UTC — 0 txs00:10 UTC — 3,117 txs00:20 UTC — 476 txs00:30 UTC — 0 txs00:40 UTC — 208,269 txs208k00:50 UTC — 54,250 txs01:00 UTC — 0 txs01:10 UTC — 0 txs01:20 UTC — 241,532 txs242k01:30 UTC — 1,173 txs01:40 UTC — 0 txs01:50 UTC — 0 txs02:00 UTC — 2,329 txs02:10 UTC — 0 txs02:20 UTC — 1,015 txs02:30 UTC — 875 txs02:40 UTC — 347 txs02:50 UTC — 1,331 txs03:00 UTC — 0 txs03:10 UTC — 0 txs03:20 UTC — 43 txs03:30 UTC — 2,407 txs03:40 UTC — 0 txs03:50 UTC — 0 txs04:00 UTC — 0 txs04:10 UTC — 2,611 txs04:20 UTC — 569 txs04:30 UTC — 21 txs04:40 UTC — 0 txs04:50 UTC — 0 txs05:00 UTC — 2,830 txs05:10 UTC — 474 txs05:20 UTC — 1,330 txs05:30 UTC — 1,189 txs05:40 UTC — 0 txs05:50 UTC — 2,113 txs06:00 UTC — 0 txs06:10 UTC — 1,988 txs06:20 UTC — 470 txs06:30 UTC — 1,786 txs06:40 UTC — 0 txs06:50 UTC — 28 txs07:00 UTC — 2,237 txs07:10 UTC — 31 txs07:20 UTC — 2,572 txs07:30 UTC — 270 txs07:40 UTC — 1,606 txs07:50 UTC — 277 txs08:00 UTC — 1,717 txs08:10 UTC — 536 txs08:20 UTC — 962 txs08:30 UTC — 634 txs08:40 UTC — 369 txs08:50 UTC — 0 txs09:00 UTC — 36 txs09:10 UTC — 597 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: 320,431 txs Coverage: 144 blocks · 22.1h 09-17 11:14 UTC → 09-18 09:19 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

2.3 million outputs, by purpose

The TxBlaster service produced 90.1% of transactions, posting paired payment and data-publication outputs continuously. The breakdown below isolates the remaining 9.9% 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 · 90.1%
9.9%
1,004,614 tx 110,787 tx · all other
Excluding TxBlaster3 · 254,725 outputs
Payment 56.5% 143,823
P2PKH 133,777 · P2PK 10,019 · Multisig 27
Data Publication 14.8% 37,656
OP_RETURN 35,744 · Ordinal envelopes 235 · Spendable metadata 1,677
Contracts & Tokens 28.75% 73,246
STAS Gen 3: 83 · Custom locking: 73,163 · 6 unique structures

Of 110,902 non-payment outputs in this window, 32.2% were prunable (OP_RETURN) and 67.8% 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 35,744Spendable metadata 1,677Ordinal envelope 235STAS Gen 3 83Custom locking 73,163
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 90% 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. 6 unique structures observed today across 73,246 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 3,599B:// 2,194AIP 2,013Metanet4 3001Sat-Ordinal 239BSV-21 65STAS 24BAP-ID 1
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 1,574text/plain 372image/webp 104image/jpeg 89application/bsv-20 65image/png 64application/json 47image/svg+xml 35
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 2026-09-18 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

AIRCHIVE led identifiable activity at 16,629 transactions. Most chain activity carries no such identifier; the names below are services whose on-chain shape is recognizable from prior analysis.

AIRCHIVE 16,629OYO 7,586dxs 2,941TreeChat 1,990Twetch 1,229Teragun 1,001Indelible 749ButterCup 183memo.cash 1553D Ordi 117MNEE 42BSV Feed/View 24mintBlue 11BSV Live Master 6
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 235 candidates

Ordinal Inscription with a 293-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 8c989622f6… Block 967,146 293 script bytes
Opcodes used
DUPHASH160EQUALVERIFYCHECKSIG0IF1ENDIF
Script preview
OP_DUP OP_HASH160 712b0678b7a6d11e0c543ed3dcb856bddd9fe6c7 OP_EQUALVERIFY OP_CHECKSIG OP_0 OP_IF 6f7264 OP_1 6170706c69636174696f6e2f6273762d3230 OP_0 7b22616d74223a22343030222c22646563223a2230222c2269636f6e223a22336566613237626231303130346531663562656636326561373335393635343339633766393361303461363
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.

Support BSV Intel
Every classification in this brief came from a query I wrote, on infrastructure I built. If it's useful to you, sats keep it shipping.
HandCash $bridget33
BSV address 177bRhNJAioCgMyYCaKTJpauXpgHnUfWnK
Telegram @bsvintel_bot
send /subscribe for daily updates