BSV Intel the signal, daily
Edition 199
Saturday · September 19, 2026
BSV Network · 24 hours ending September 19, 09:18 UTC

Edition 199

Edited by Bridget Doran · Scanned 09:32 UTC, September 19 · Blocks 967,275 → 967,418 · 2,203,336 transactions
Largest move
$1.31M
75,071 BSV · whale tier
Avg block time
10.8min
near schedule
Throughput
24tx/s
peak 676 tx/s
BSV price
$17.45
▲ 4.1% · 24h
№ 01 Chain Health

9 pools, on schedule

9 pools produced today's 144 blocks at an average interval of 10.8 min — on schedule relative to the 10-minute target.

8.3 min
Median interval
half the blocks faster
50
Fast blocks1
under 5 min
405,714 txs
Busiest block
block 967,352
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 · 25.5h
Fast (<5 min) · 50 Normal · 72 Slow (>20 min) · 22
For the technical reader

Block timing. Mean interval 645.3 seconds (10.8 min) over 142 measured intervals across 144 blocks; median 495 seconds (8.3 min). Range 6 s to 3363 s (56.0 min).

Cadence. Average interval 10.8 min — on schedule relative to the 10-minute target. 9 pools produced today's blocks.

Largest block. Block 967,352 at 405,714 transactions, the peak load in the window. Avg tx/block across all 144 blocks was 15,301.

№ 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 967,434). 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 16%. Distribution within normal range.

taal.com 16%
qdlnk 15.3%
Kryptex 14.6%
Mining-Dutch 13.9%
SA100 12.5%
CUVVE 11.1%
GorillaPool 9%
molepool.com 5.6%
Bitofsin 1.4%
unknown 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 23, qdlnk 22, Kryptex 21, Mining-Dutch 20, SA100 18, CUVVE 16, GorillaPool 13, molepool.com 8, Bitofsin 2, unknown 1. 143 of 144 blocks identified.

№ 04 Capital Flow

123 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
~$174,500+
14
Notable
1K – 10K BSV
~$17,450 – 174,500
107
Significant
100 – 1K BSV
~$1,745 – 17,450
Top movements
75,071.23BSV
≈ $1,309,993 e44cc0809b…
2 → 2 Neutral
12,577.93BSV
≈ $219,485 e41fccb5ca…
1 → 2 Neutral
2,161.85BSV
≈ $37,724 fc7bd618bc…
2 → 2 Neutral
2,099.50BSV
≈ $36,636 ce9ac5700a…
4 → 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 202 days

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

New to the radar
1EM3MBdXi2ATw7GgRG… 75,071 BSV First appearance
1dMYBBrJ8AL8wftyfn… 2,099 BSV First appearance
1FXD6JCzU19C3c1apD… 2,099 BSV First appearance
Recurring addresses
Address Behavior Confidence Active
7,989,622 BSV · 406 txs
Exchange-Like High 03-04 → 09-19
5,694,987 BSV · 185 txs
Exchange-Like High 03-02 → 09-19
2,775,220 BSV · 133 txs
Exchange-Like High 03-02 → 08-19
17,548,224 BSV · 113 txs
Exchange-Like High 03-08 → 09-19
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 202-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
$17.45
▲ 4.1% over 24h
Throughput, avg
24tx/s
peak 676 tx/s · 10-min window
Avg tx / block15,301
Max tx / block405,714
Total transactions2,203,336
10-min peak405,714
For the technical reader

TPS is computed over the 25.5 hours of the scan window in 10-minute intervals, not per block. The peak is the busiest 10-minute window observed (405,714 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 28 hours

2,203,336 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 — 0 txs07:30 UTC — 0 txs07:40 UTC — 0 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 — 627 txs09:50 UTC — 0 txs10:00 UTC — 418 txs10:10 UTC — 103 txs10:20 UTC — 329 txs10:30 UTC — 0 txs10:40 UTC — 2,605 txs10:50 UTC — 17 txs11:00 UTC — 2,823 txs11:10 UTC — 479 txs11:20 UTC — 0 txs11:30 UTC — 369 txs11:40 UTC — 0 txs11:50 UTC — 621 txs12:00 UTC — 0 txs12:10 UTC — 0 txs12:20 UTC — 0 txs12:30 UTC — 59 txs12:40 UTC — 0 txs12:50 UTC — 0 txs13:00 UTC — 0 txs13:10 UTC — 0 txs13:20 UTC — 1,526 txs13:30 UTC — 232 txs13:40 UTC — 164 txs13:50 UTC — 0 txs14:00 UTC — 0 txs14:10 UTC — 50,654 txs14:20 UTC — 91 txs14:30 UTC — 399 txs14:40 UTC — 205 txs14:50 UTC — 0 txs15:00 UTC — 0 txs15:10 UTC — 0 txs15:20 UTC — 953 txs15:30 UTC — 276 txs15:40 UTC — 0 txs15:50 UTC — 413 txs16:00 UTC — 0 txs16:10 UTC — 644 txs16:20 UTC — 0 txs16:30 UTC — 515 txs16:40 UTC — 0 txs16:50 UTC — 635 txs17:00 UTC — 0 txs17:10 UTC — 0 txs17:20 UTC — 475 txs17:30 UTC — 195 txs17:40 UTC — 217 txs17:50 UTC — 0 txs18:00 UTC — 0 txs18:10 UTC — 687 txs18:20 UTC — 0 txs18:30 UTC — 349 txs18:40 UTC — 323 txs18:50 UTC — 2,836 txs19:00 UTC — 440 txs19:10 UTC — 0 txs19:20 UTC — 0 txs19:30 UTC — 498 txs19:40 UTC — 271 txs19:50 UTC — 0 txs20:00 UTC — 482 txs20:10 UTC — 0 txs20:20 UTC — 0 txs20:30 UTC — 0 txs20:40 UTC — 0 txs20:50 UTC — 50,711 txs21:00 UTC — 0 txs21:10 UTC — 37 txs21:20 UTC — 0 txs21:30 UTC — 208,636 txs209k21:40 UTC — 137,108 txs21:50 UTC — 0 txs22:00 UTC — 0 txs22:10 UTC — 51 txs22:20 UTC — 0 txs22:30 UTC — 405,714 txs406k22:40 UTC — 0 txs22:50 UTC — 9,688 txs23:00 UTC — 0 txs23:10 UTC — 2,381 txs23:20 UTC — 1,175 txs23:30 UTC — 0 txs23:40 UTC — 0 txs23:50 UTC — 1,494 txs00:00 UTC — 716 txs00:10 UTC — 23 txs00:20 UTC — 0 txs00:30 UTC — 0 txs00:40 UTC — 0 txs00:50 UTC — 65 txs01:00 UTC — 2,757 txs01:10 UTC — 112 txs01:20 UTC — 30 txs01:30 UTC — 342 txs01:40 UTC — 268 txs01:50 UTC — 0 txs02:00 UTC — 18,435 txs02:10 UTC — 0 txs02:20 UTC — 293,384 txs293k02:30 UTC — 119,709 txs02:40 UTC — 130,559 txs02:50 UTC — 139,412 txs03:00 UTC — 0 txs03:10 UTC — 45 txs03:20 UTC — 371,781 txs372k03:30 UTC — 106,350 txs03:40 UTC — 62,183 txs03:50 UTC — 0 txs04:00 UTC — 47,812 txs04:10 UTC — 2,274 txs04:20 UTC — 4,972 txs04:30 UTC — 455 txs04:40 UTC — 0 txs04:50 UTC — 0 txs05:00 UTC — 2,170 txs05:10 UTC — 0 txs05:20 UTC — 502 txs05:30 UTC — 0 txs05:40 UTC — 343 txs05:50 UTC — 0 txs06:00 UTC — 24 txs06:10 UTC — 506 txs06:20 UTC — 0 txs06:30 UTC — 404 txs06:40 UTC — 0 txs06:50 UTC — 287 txs07:00 UTC — 313 txs07:10 UTC — 148 txs07:20 UTC — 343 txs07:30 UTC — 300 txs07:40 UTC — 0 txs07:50 UTC — 0 txs08:00 UTC — 504 txs08:10 UTC — 339 txs08:20 UTC — 0 txs08:30 UTC — 0 txs08:40 UTC — 646 txs08:50 UTC — 0 txs09:00 UTC — 340 txs09:10 UTC — 430 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: 405,714 txs Coverage: 144 blocks · 25.5h 09-18 07:51 UTC → 09-19 09:18 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

4.5 million outputs, by purpose

The TxBlaster service produced 93.6% of transactions, posting paired payment and data-publication outputs continuously. The breakdown below isolates the remaining 6.4% 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 · 93.6%
6.4%
2,063,013 tx 140,323 tx · all other
Excluding TxBlaster3 · 385,082 outputs
Payment 65.1% 250,518
P2PKH 185,478 · P2PK 65,032 · Multisig 8
Data Publication 33.7% 129,931
OP_RETURN 129,565 · Ordinal envelopes 223 · Spendable metadata 143
Contracts & Tokens 1.20% 4,633
STAS Gen 3: 204 · Custom locking: 4,429 · 19 unique structures

Of 134,564 non-payment outputs in this window, 96.3% were prunable (OP_RETURN) and 3.7% 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 129,565Spendable metadata 143Ordinal envelope 223STAS Gen 3 204Custom locking 4,429
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 94% 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. 19 unique structures observed today across 4,633 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 3,162Metanet4 3,063B:// 2,091AIP 1,9911Sat-Ordinal 225BSV-21 57STAS 40
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 1,473text/plain 373image/webp 146image/jpeg 64application/bsv-20 57image/png 56text/html 44application/json 32
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 2026-09-19 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 100,002 transactions. Most chain activity carries no such identifier; the names below are services whose on-chain shape is recognizable from prior analysis.

Teragun 100,002AIRCHIVE 18,207TreeChat 1,596Twetch 1,356dxs 875OYO 347Indelible 2203D Ordi 138mintBlue 104MNEE 33BSV Feed/View 21memo.cash 14BSV Live Master 7
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 4,429 candidates

Programmable Contract with a 2,102-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 6763cbf31b… Block 967,275 2,102 script bytes
Opcodes used
DROPCHECKSIG
Script preview
a362707584a2616e6a616e63686f72547970656176636c6569a2616e68616e63686f7249646176743235393430304732574f51304652474d514a3837a2616e677061796c6f61646176a46673746174757366414354495645696c6567616c4e616d6578244f524f4d454420535a594d414e454b205350c393c5814b41204b4f4d414e4459544f57416c6a7572697364696374696f6e62
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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