BSV Intel the signal, daily
Edition 200
Sunday · September 20, 2026
BSV Network · 24 hours ending September 20, 09:24 UTC

Edition 200

Edited by Bridget Doran · Scanned 09:33 UTC, September 20 · Blocks 967,426 → 967,569 · 3,927,329 transactions
Largest move
$1.25M
75,069 BSV · whale tier
Avg block time
9.6min
near schedule
Throughput
47tx/s
peak 1005 tx/s
BSV price
$16.67
▼ 4.4% · 24h
№ 01 Chain Health

9 pools, on schedule

9 pools produced today's 144 blocks at an average interval of 9.6 min — on schedule relative to the 10-minute target.

6.7 min
Median interval
half the blocks faster
56
Fast blocks1
under 5 min
603,171 txs
Busiest block
block 967,515
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 · 23h
Fast (<5 min) · 56 Normal · 68 Slow (>20 min) · 20
For the technical reader

Block timing. Mean interval 578.2 seconds (9.6 min) over 143 measured intervals across 144 blocks; median 401 seconds (6.7 min). Range 3 s to 2532 s (42.2 min).

Cadence. Average interval 9.6 min — on schedule relative to the 10-minute target. 9 pools produced today's blocks.

Largest block. Block 967,515 at 603,171 transactions, the peak load in the window. Avg tx/block across all 144 blocks was 27,273.

№ 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 967,579). 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

qdlnk led at 17.4%. Distribution within normal range.

qdlnk 17.4%
Mining-Dutch 13.9%
GorillaPool 13.2%
Kryptex 11.8%
CUVVE 11.1%
SA100 10.4%
molepool.com 9.7%
taal.com 8.3%
Bitofsin 3.5%
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: qdlnk 25, Mining-Dutch 20, GorillaPool 19, Kryptex 17, CUVVE 16, SA100 15, molepool.com 14, taal.com 12, Bitofsin 5, unknown 1. 143 of 144 blocks identified.

№ 04 Capital Flow

163 movements crossed the chain

3 of them moved more than 10,000 BSV, a combined ~$1.7 million at today's price.

3
Major
> 10K BSV
~$166,700+
14
Notable
1K – 10K BSV
~$16,670 – 166,700
146
Significant
100 – 1K BSV
~$1,667 – 16,670
Top movements
75,069.02BSV
≈ $1,251,401 3d8f776397…
2 → 2 Neutral
12,577.36BSV
≈ $209,665 ddb4ffd35a…
1 → 2 Neutral
12,576.89BSV
≈ $209,657 efaa5ad092…
1 → 2 Neutral
9,193.19BSV
≈ $153,250 933eb55357…
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 203 days

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

New to the radar
1PsK42iKkfiGTNGqvc… 75,069 BSV First appearance
12MFsUyc93hmG3eyHr… 12,577 BSV First appearance
1LnWbCXvgvNfhAi36a… 9,193 BSV First appearance
Recurring addresses
Address Behavior Confidence Active
7,989,622 BSV · 406 txs
Exchange-Like High 03-04 → 09-19
5,745,194 BSV · 187 txs
Exchange-Like High 03-02 → 09-20
2,775,220 BSV · 133 txs
Exchange-Like High 03-02 → 08-19
17,698,323 BSV · 114 txs
Exchange-Like High 03-08 → 09-20
0 BSV · 112 txs
Accumulator High 03-08 → 09-20
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 203-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
$16.67
▼ 4.4% over 24h
Throughput, avg
47tx/s
peak 1005 tx/s · 10-min window
Avg tx / block27,273
Max tx / block603,171
Total transactions3,927,329
10-min peak603,171
For the technical reader

TPS is computed over the 23 hours of the scan window in 10-minute intervals, not per block. The peak is the busiest 10-minute window observed (603,171 transactions, ≈ 1005 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 25 hours

3,927,329 transactions mapped to 10-minute windows. The brightest cell is the busiest window of the day.

101316192201040710:00:10:20:30:40:5010:00 UTC — 0 txs10:10 UTC — 0 txs10:20 UTC — 93,805 txs10:30 UTC — 14 txs10:40 UTC — 134,012 txs10:50 UTC — 36,493 txs11:00 UTC — 94,912 txs11:10 UTC — 179 txs11:20 UTC — 496 txs11:30 UTC — 87 txs11:40 UTC — 0 txs11:50 UTC — 358 txs12:00 UTC — 257 txs12:10 UTC — 522 txs12:20 UTC — 132 txs12:30 UTC — 330 txs12:40 UTC — 75 txs12:50 UTC — 0 txs13:00 UTC — 695 txs13:10 UTC — 354 txs13:20 UTC — 119 txs13:30 UTC — 683 txs13:40 UTC — 0 txs13:50 UTC — 0 txs14:00 UTC — 1,874 txs14:10 UTC — 0 txs14:20 UTC — 1,357 txs14:30 UTC — 18 txs14:40 UTC — 1,979 txs14:50 UTC — 27 txs15:00 UTC — 2,570 txs15:10 UTC — 19 txs15:20 UTC — 1,808 txs15:30 UTC — 0 txs15:40 UTC — 488 txs15:50 UTC — 0 txs16:00 UTC — 0 txs16:10 UTC — 952 txs16:20 UTC — 345 txs16:30 UTC — 1,207 txs16:40 UTC — 0 txs16:50 UTC — 0 txs17:00 UTC — 130,751 txs17:10 UTC — 0 txs17:20 UTC — 0 txs17:30 UTC — 331,562 txs332k17:40 UTC — 0 txs17:50 UTC — 0 txs18:00 UTC — 0 txs18:10 UTC — 280,855 txs281k18:20 UTC — 352 txs18:30 UTC — 345 txs18:40 UTC — 36 txs18:50 UTC — 0 txs19:00 UTC — 521 txs19:10 UTC — 310 txs19:20 UTC — 348 txs19:30 UTC — 0 txs19:40 UTC — 344 txs19:50 UTC — 0 txs20:00 UTC — 0 txs20:10 UTC — 518 txs20:20 UTC — 292 txs20:30 UTC — 13 txs20:40 UTC — 0 txs20:50 UTC — 374 txs21:00 UTC — 215 txs21:10 UTC — 0 txs21:20 UTC — 495 txs21:30 UTC — 0 txs21:40 UTC — 0 txs21:50 UTC — 907 txs22:00 UTC — 25,168 txs22:10 UTC — 0 txs22:20 UTC — 241 txs22:30 UTC — 52,043 txs22:40 UTC — 6 txs22:50 UTC — 120,697 txs23:00 UTC — 0 txs23:10 UTC — 355,452 txs355k23:20 UTC — 146,819 txs23:30 UTC — 0 txs23:40 UTC — 399,523 txs400k23:50 UTC — 0 txs00:00 UTC — 0 txs00:10 UTC — 38 txs00:20 UTC — 0 txs00:30 UTC — 28 txs00:40 UTC — 603,171 txs603k00:50 UTC — 19,684 txs01:00 UTC — 0 txs01:10 UTC — 0 txs01:20 UTC — 0 txs01:30 UTC — 557,358 txs557k01:40 UTC — 8,570 txs01:50 UTC — 4,120 txs02:00 UTC — 0 txs02:10 UTC — 635 txs02:20 UTC — 527 txs02:30 UTC — 0 txs02:40 UTC — 0 txs02:50 UTC — 43 txs03:00 UTC — 0 txs03:10 UTC — 177,816 txs03:20 UTC — 0 txs03:30 UTC — 0 txs03:40 UTC — 0 txs03:50 UTC — 207,132 txs04:00 UTC — 0 txs04:10 UTC — 117,230 txs04:20 UTC — 316 txs04:30 UTC — 0 txs04:40 UTC — 475 txs04:50 UTC — 11 txs05:00 UTC — 341 txs05:10 UTC — 27 txs05:20 UTC — 0 txs05:30 UTC — 481 txs05:40 UTC — 227 txs05:50 UTC — 0 txs06:00 UTC — 249 txs06:10 UTC — 100 txs06:20 UTC — 254 txs06:30 UTC — 98 txs06:40 UTC — 507 txs06:50 UTC — 101 txs07:00 UTC — 403 txs07:10 UTC — 271 txs07:20 UTC — 0 txs07:30 UTC — 0 txs07:40 UTC — 498 txs07:50 UTC — 0 txs08:00 UTC — 505 txs08:10 UTC — 81 txs08:20 UTC — 405 txs08:30 UTC — 232 txs08:40 UTC — 290 txs08:50 UTC — 0 txs09:00 UTC — 0 txs09:10 UTC — 0 txs09:20 UTC — 751 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: 603,171 txs Coverage: 144 blocks · 23h 09-19 10:26 UTC → 09-20 09:24 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

8.0 million outputs, by purpose

The TxBlaster service produced 86.4% of transactions, posting paired payment and data-publication outputs continuously. The breakdown below isolates the remaining 13.6% 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 · 86.4%
13.6%
3,394,865 tx 532,464 tx · all other
Excluding TxBlaster3 · 1,185,110 outputs
Payment 55.3% 655,271
P2PKH 617,704 · P2PK 37,557 · Multisig 10
Data Publication 44.6% 528,010
OP_RETURN 527,657 · Ordinal envelopes 258 · Spendable metadata 95
Contracts & Tokens 0.15% 1,829
STAS Gen 3: 369 · Custom locking: 1,460 · 11 unique structures

Of 529,839 non-payment outputs in this window, 99.6% were prunable (OP_RETURN) and 0.4% 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 527,657Spendable metadata 95Ordinal envelope 258STAS Gen 3 369Custom locking 1,460
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 86% 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. 11 unique structures observed today across 1,829 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 2,824B:// 1,983AIP 1,6471Sat-Ordinal 258BSV-21 54STAS 20BAP 4
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 1,244text/plain 382image/webp 163image/png 93image/jpeg 73application/bsv-20 54application/octet-stream 48text/html 46
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 2026-09-20 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 504,029 transactions. Most chain activity carries no such identifier; the names below are services whose on-chain shape is recognizable from prior analysis.

Teragun 504,029AIRCHIVE 13,878TreeChat 1,620Twetch 1,018dxs 660Indelible 4243D Ordi 126OYO 110mintBlue 98BSV Live Master 19MNEE 9memo.cash 4CASHEIO 1GaiaLog 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 10 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 b4c8256f33… Block 967,446 71 script bytes
Opcodes used
2CHECKMULTISIG
Script preview
OP_2 02882af364b378ff743b63f7be6e1267bd7ba73ce3811b9a03d68aca4f44602509 02ae818a50728e788a560a736d26b9f3f36539f5f1f73349b9729b1653482b71a5 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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