BSV Intel the signal, daily
Edition 201
Monday · September 21, 2026
BSV Network · 24 hours ending September 21, 09:15 UTC

Edition 201

Edited by Bridget Doran · Scanned 09:33 UTC, September 21 · Blocks 967,561 → 967,704 · 3,703,095 transactions
Largest move
$700K
38,898 BSV · whale tier
Avg block time
10.7min
near schedule
Throughput
40tx/s
peak 1055 tx/s
BSV price
$18.00
▲ 8.1% · 24h
№ 01 Chain Health

9 pools, on schedule

9 pools produced today's 144 blocks at an average interval of 10.7 min — on schedule relative to the 10-minute target.

7.8 min
Median interval
half the blocks faster
48
Fast blocks1
under 5 min
633,177 txs
Busiest block
block 967,598
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) · 48 Normal · 75 Slow (>20 min) · 21
For the technical reader

Block timing. Mean interval 642.0 seconds (10.7 min) over 143 measured intervals across 144 blocks; median 468 seconds (7.8 min). Range 4 s to 3702 s (61.7 min).

Cadence. Average interval 10.7 min — on schedule relative to the 10-minute target. 9 pools produced today's blocks.

Largest block. Block 967,598 at 633,177 transactions, the peak load in the window. Avg tx/block across all 144 blocks was 25,716.

№ 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 v0.15.9-beta-2 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
4
Caught up → tip
synced to latest block
Versions in use · 5 operators
v0.15.9-beta-2 1 · v0.15.9 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 967,718). 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 20.1%. Distribution within normal range.

CUVVE 20.1%
taal.com 16.7%
SA100 13.9%
qdlnk 11.8%
Kryptex 11.1%
GorillaPool 9%
molepool.com 6.9%
Mining-Dutch 6.3%
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: CUVVE 29, taal.com 24, SA100 20, qdlnk 17, Kryptex 16, GorillaPool 13, molepool.com 10, Mining-Dutch 9, Bitofsin 5, unknown 1. 143 of 144 blocks identified.

№ 04 Capital Flow

163 movements crossed the chain

4 of them moved more than 10,000 BSV, a combined ~$1.8 million at today's price.

4
Major
> 10K BSV
~$180,000+
17
Notable
1K – 10K BSV
~$18,000 – 180,000
142
Significant
100 – 1K BSV
~$1,800 – 18,000
Top movements
38,898.32BSV
≈ $700,170 260ab924cb…
36 → 1 Consolidation
38,893.80BSV
≈ $700,088 7d69f8ca92…
17 → 3 Complex
12,476.00BSV
≈ $224,568 bccefb8522…
1 → 2 Neutral
12,475.71BSV
≈ $224,563 1f57c10fa1…
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 204 days

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

New to the radar
1EPakLhES3MJtPALoM… 38,894 BSV First appearance
17sdzkPZ1tRcp1AHHT… 12,476 BSV First appearance
1E8uW9m9B69qmdnS8w… 6,993 BSV First appearance
Recurring addresses
Address Behavior Confidence Active
8,047,747 BSV · 410 txs
Exchange-Like High 03-04 → 09-21
5,794,965 BSV · 189 txs
Exchange-Like High 03-02 → 09-21
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 204-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
$18.00
▲ 8.1% over 24h
Throughput, avg
40tx/s
peak 1055 tx/s · 10-min window
Avg tx / block25,716
Max tx / block633,177
Total transactions3,703,095
10-min peak633,177
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 (633,177 transactions, ≈ 1055 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

3,703,095 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 — 12 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 — 356 txs09:40 UTC — 0 txs09:50 UTC — 361 txs10:00 UTC — 176 txs10:10 UTC — 25 txs10:20 UTC — 484 txs10:30 UTC — 287 txs10:40 UTC — 0 txs10:50 UTC — 0 txs11:00 UTC — 0 txs11:10 UTC — 0 txs11:20 UTC — 0 txs11:30 UTC — 1,074 txs11:40 UTC — 241 txs11:50 UTC — 16 txs12:00 UTC — 488 txs12:10 UTC — 0 txs12:20 UTC — 381 txs12:30 UTC — 343 txs12:40 UTC — 0 txs12:50 UTC — 0 txs13:00 UTC — 243,785 txs13:10 UTC — 0 txs13:20 UTC — 0 txs13:30 UTC — 329,238 txs329k13:40 UTC — 0 txs13:50 UTC — 143,503 txs14:00 UTC — 10 txs14:10 UTC — 0 txs14:20 UTC — 0 txs14:30 UTC — 26,596 txs14:40 UTC — 26,287 txs14:50 UTC — 633,177 txs633k15:00 UTC — 0 txs15:10 UTC — 104,618 txs15:20 UTC — 712 txs15:30 UTC — 52,025 txs15:40 UTC — 0 txs15:50 UTC — 28 txs16:00 UTC — 0 txs16:10 UTC — 345,381 txs345k16:20 UTC — 12,534 txs16:30 UTC — 26,794 txs16:40 UTC — 12 txs16:50 UTC — 40,797 txs17:00 UTC — 0 txs17:10 UTC — 0 txs17:20 UTC — 27,406 txs17:30 UTC — 0 txs17:40 UTC — 0 txs17:50 UTC — 1,133 txs18:00 UTC — 1,160 txs18:10 UTC — 12,442 txs18:20 UTC — 32,177 txs18:30 UTC — 60,598 txs18:40 UTC — 112,220 txs18:50 UTC — 186,476 txs19:00 UTC — 0 txs19:10 UTC — 24 txs19:20 UTC — 0 txs19:30 UTC — 99,734 txs19:40 UTC — 0 txs19:50 UTC — 79,670 txs20:00 UTC — 33,603 txs20:10 UTC — 0 txs20:20 UTC — 53,482 txs20:30 UTC — 0 txs20:40 UTC — 0 txs20:50 UTC — 0 txs21:00 UTC — 263,253 txs263k21:10 UTC — 130,506 txs21:20 UTC — 17,547 txs21:30 UTC — 104,514 txs21:40 UTC — 0 txs21:50 UTC — 18,295 txs22:00 UTC — 25,190 txs22:10 UTC — 0 txs22:20 UTC — 76 txs22:30 UTC — 357,149 txs357k22:40 UTC — 12,314 txs22:50 UTC — 0 txs23:00 UTC — 0 txs23:10 UTC — 24,704 txs23:20 UTC — 20,755 txs23:30 UTC — 491 txs23:40 UTC — 457 txs23:50 UTC — 627 txs00:00 UTC — 0 txs00:10 UTC — 0 txs00:20 UTC — 2,407 txs00:30 UTC — 327 txs00:40 UTC — 0 txs00:50 UTC — 934 txs01:00 UTC — 381 txs01:10 UTC — 304 txs01:20 UTC — 1,058 txs01:30 UTC — 508 txs01:40 UTC — 0 txs01:50 UTC — 917 txs02:00 UTC — 635 txs02:10 UTC — 0 txs02:20 UTC — 0 txs02:30 UTC — 0 txs02:40 UTC — 1,971 txs02:50 UTC — 1,905 txs03:00 UTC — 0 txs03:10 UTC — 739 txs03:20 UTC — 721 txs03:30 UTC — 0 txs03:40 UTC — 1,020 txs03:50 UTC — 0 txs04:00 UTC — 0 txs04:10 UTC — 0 txs04:20 UTC — 77 txs04:30 UTC — 0 txs04:40 UTC — 0 txs04:50 UTC — 1,762 txs05:00 UTC — 554 txs05:10 UTC — 0 txs05:20 UTC — 1,080 txs05:30 UTC — 587 txs05:40 UTC — 513 txs05:50 UTC — 0 txs06:00 UTC — 1,154 txs06:10 UTC — 734 txs06:20 UTC — 0 txs06:30 UTC — 0 txs06:40 UTC — 1,412 txs06:50 UTC — 625 txs07:00 UTC — 858 txs07:10 UTC — 0 txs07:20 UTC — 0 txs07:30 UTC — 0 txs07:40 UTC — 0 txs07:50 UTC — 0 txs08:00 UTC — 0 txs08:10 UTC — 2,411 txs08:20 UTC — 639 txs08:30 UTC — 0 txs08:40 UTC — 3,035 txs08:50 UTC — 1,090 txs09:00 UTC — 0 txs09:10 UTC — 4,729 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: 633,177 txs Coverage: 144 blocks · 25.5h 09-20 07:44 UTC → 09-21 09:15 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

7.5 million outputs, by purpose

The TxBlaster service produced 95.4% of transactions, posting paired payment and data-publication outputs continuously. The breakdown below isolates the remaining 4.6% 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 · 95.4%
4.6%
3,532,175 tx 170,920 tx · all other
Excluding TxBlaster3 · 405,347 outputs
Payment 59.6% 241,613
P2PKH 204,089 · P2PK 37,513 · Multisig 11
Data Publication 31.8% 128,914
OP_RETURN 128,338 · Ordinal envelopes 465 · Spendable metadata 111
Contracts & Tokens 8.59% 34,820
STAS Gen 3: 562 · Custom locking: 34,258 · 10 unique structures

Of 163,734 non-payment outputs in this window, 78.4% were prunable (OP_RETURN) and 21.6% 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 128,338Spendable metadata 111Ordinal envelope 465STAS Gen 3 562Custom locking 34,258
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 95% 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 34,820 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
Metanet4 3,896MAP 2,922B:// 1,832AIP 1,6681Sat-Ordinal 465BSV-21 112STAS 17BAP-ID 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 1,242text/plain 371image/jpeg 180image/webp 150application/bsv-20 112image/png 103application/json 46text/html 27
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 2026-09-21 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 102,004 transactions. Most chain activity carries no such identifier; the names below are services whose on-chain shape is recognizable from prior analysis.

Teragun 102,004AIRCHIVE 13,393OYO 3,584dxs 1,989TreeChat 1,643Indelible 1,109Twetch 1,0703D Ordi 110memo.cash 79MNEE 65BSV Feed/View 23BSV Live Master 15ButterCup 7mintBlue 4
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 204,089 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 e76fca2fa2… Block 967,561 25 script bytes
Opcodes used
DUPHASH160EQUALVERIFYCHECKSIG
Script preview
OP_DUP OP_HASH160 289dc8a6bdca7314b6d0b99d26770035c5025d71 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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