BSV Intel the signal, daily
Edition 208
Sunday · September 27, 2026
BSV Network · 24 hours ending September 27, 09:27 UTC

Edition 208

Edited by Bridget Doran · Scanned 09:32 UTC, September 27 · Blocks 968,439 → 968,582 · 147,502 transactions
Largest move
$339K
15,729 BSV · whale tier
Avg block time
9.2min
near schedule
Throughput
2tx/s
peak 76 tx/s
BSV price
$21.58
▼ 0.1% · 24h
№ 01 Chain Health

8 pools, on schedule

8 pools produced today's 144 blocks at an average interval of 9.2 min — on schedule relative to the 10-minute target.

7 min
Median interval
half the blocks faster
53
Fast blocks1
under 5 min
35,375 txs
Busiest block
block 968,491
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 · 21.9h
Fast (<5 min) · 53 Normal · 76 Slow (>20 min) · 15
For the technical reader

Block timing. Mean interval 551.3 seconds (9.2 min) over 143 measured intervals across 144 blocks; median 421 seconds (7 min). Range 3 s to 2716 s (45.3 min).

Cadence. Average interval 9.2 min — on schedule relative to the 10-minute target. 8 pools produced today's blocks.

Largest block. Block 968,491 at 35,375 transactions, the peak load in the window. Avg tx/block across all 144 blocks was 1,024.

№ 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
5
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 968,593). 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

8 pools produced today's 144 blocks

Kryptex led at 20.8%. Distribution within normal range.

Kryptex 20.8%
SA100 18.1%
CUVVE 16.7%
GorillaPool 9%
Mining-Dutch 8.3%
molepool.com 8.3%
qdlnk 7.6%
taal.com 6.9%
unknown 4.2%
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 30, SA100 26, CUVVE 24, GorillaPool 13, Mining-Dutch 12, molepool.com 12, qdlnk 11, taal.com 10, unknown 6. 138 of 144 blocks identified.

№ 04 Capital Flow

206 movements crossed the chain

1 of them moved more than 10,000 BSV, a combined ~$339,429 at today's price.

1
Major
> 10K BSV
~$215,800+
35
Notable
1K – 10K BSV
~$21,580 – 215,800
170
Significant
100 – 1K BSV
~$2,158 – 21,580
Top movements
15,728.89BSV
≈ $339,429 f005e045a6…
1 → 4 Neutral
9,775.67BSV
≈ $210,959 acd7127b51…
78 → 1 Consolidation
5,000.00BSV
≈ $107,900 25ec1f7943…
1 → 2 Neutral
4,860.00BSV
≈ $104,879 2013f35c2b…
1 → 3 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

70 tracked addresses across 210 days

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

New to the radar
12qeyTfaqR2rSHnJ14… 5,000 BSV First appearance
1H4HNxbifJ29hvEMQa… 4,837 BSV First appearance
Recurring addresses
Address Behavior Confidence Active
8,955,553 BSV · 435 txs
Exchange-Like High 03-04 → 09-27
5,918,771 BSV · 195 txs
Exchange-Like High 03-02 → 09-26
2,804,556 BSV · 137 txs
Exchange-Like High 03-02 → 09-27
18,446,416 BSV · 119 txs
Exchange-Like High 03-08 → 09-26
0 BSV · 117 txs
Accumulator High 03-08 → 09-26
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 210-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
$21.58
▼ 0.1% over 24h
Throughput, avg
2tx/s
peak 76 tx/s · 10-min window
Avg tx / block1,024
Max tx / block35,375
Total transactions147,502
10-min peak45,482
For the technical reader

TPS is computed over the 21.9 hours of the scan window in 10-minute intervals, not per block. The peak is the busiest 10-minute window observed (45,482 transactions, ≈ 76 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

147,502 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 — 0 txs11:20 UTC — 0 txs11:30 UTC — 556 txs11:40 UTC — 5,743 txs11:50 UTC — 0 txs12:00 UTC — 638 txs12:10 UTC — 17 txs12:20 UTC — 0 txs12:30 UTC — 63 txs12:40 UTC — 825 txs12:50 UTC — 23 txs13:00 UTC — 0 txs13:10 UTC — 708 txs13:20 UTC — 0 txs13:30 UTC — 588 txs13:40 UTC — 497 txs13:50 UTC — 0 txs14:00 UTC — 42 txs14:10 UTC — 6 txs14:20 UTC — 597 txs14:30 UTC — 347 txs14:40 UTC — 382 txs14:50 UTC — 0 txs15:00 UTC — 1,574 txs15:10 UTC — 386 txs15:20 UTC — 294 txs15:30 UTC — 25 txs15:40 UTC — 460 txs15:50 UTC — 0 txs16:00 UTC — 1,915 txs16:10 UTC — 553 txs16:20 UTC — 531 txs16:30 UTC — 470 txs16:40 UTC — 87 txs16:50 UTC — 568 txs17:00 UTC — 447 txs17:10 UTC — 162 txs17:20 UTC — 10 txs17:30 UTC — 45,482 txs45k17:40 UTC — 35,375 txs35k17:50 UTC — 20,540 txs21k18:00 UTC — 179 txs18:10 UTC — 19 txs18:20 UTC — 606 txs18:30 UTC — 10 txs18:40 UTC — 606 txs18:50 UTC — 413 txs19:00 UTC — 0 txs19:10 UTC — 464 txs19:20 UTC — 0 txs19:30 UTC — 0 txs19:40 UTC — 673 txs19:50 UTC — 0 txs20:00 UTC — 554 txs20:10 UTC — 66 txs20:20 UTC — 0 txs20:30 UTC — 358 txs20:40 UTC — 27 txs20:50 UTC — 432 txs21:00 UTC — 0 txs21:10 UTC — 311 txs21:20 UTC — 210 txs21:30 UTC — 276 txs21:40 UTC — 0 txs21:50 UTC — 1,445 txs22:00 UTC — 211 txs22:10 UTC — 94 txs22:20 UTC — 109 txs22:30 UTC — 380 txs22:40 UTC — 0 txs22:50 UTC — 0 txs23:00 UTC — 0 txs23:10 UTC — 0 txs23:20 UTC — 804 txs23:30 UTC — 137 txs23:40 UTC — 0 txs23:50 UTC — 34 txs00:00 UTC — 25 txs00:10 UTC — 0 txs00:20 UTC — 2,430 txs00:30 UTC — 0 txs00:40 UTC — 1,219 txs00:50 UTC — 3 txs01:00 UTC — 233 txs01:10 UTC — 0 txs01:20 UTC — 198 txs01:30 UTC — 171 txs01:40 UTC — 123 txs01:50 UTC — 0 txs02:00 UTC — 241 txs02:10 UTC — 0 txs02:20 UTC — 0 txs02:30 UTC — 0 txs02:40 UTC — 2,473 txs02:50 UTC — 0 txs03:00 UTC — 37 txs03:10 UTC — 137 txs03:20 UTC — 208 txs03:30 UTC — 23 txs03:40 UTC — 52 txs03:50 UTC — 241 txs04:00 UTC — 0 txs04:10 UTC — 302 txs04:20 UTC — 0 txs04:30 UTC — 326 txs04:40 UTC — 35 txs04:50 UTC — 249 txs05:00 UTC — 6 txs05:10 UTC — 0 txs05:20 UTC — 507 txs05:30 UTC — 0 txs05:40 UTC — 0 txs05:50 UTC — 1,071 txs06:00 UTC — 0 txs06:10 UTC — 398 txs06:20 UTC — 0 txs06:30 UTC — 0 txs06:40 UTC — 531 txs06:50 UTC — 435 txs07:00 UTC — 0 txs07:10 UTC — 529 txs07:20 UTC — 88 txs07:30 UTC — 489 txs07:40 UTC — 0 txs07:50 UTC — 2,555 txs08:00 UTC — 1,500 txs08:10 UTC — 94 txs08:20 UTC — 0 txs08:30 UTC — 0 txs08:40 UTC — 1,056 txs08:50 UTC — 0 txs09:00 UTC — 519 txs09:10 UTC — 346 txs09:20 UTC — 323 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: 45,482 txs Coverage: 144 blocks · 21.9h 09-26 11:33 UTC → 09-27 09:27 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

0.3 million outputs, by purpose

The TxBlaster service produced 5.1% of transactions, posting paired payment and data-publication outputs continuously. The breakdown below isolates the remaining 94.9% 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 · 5.1%
94.9%
7,509 tx 139,993 tx · all other
Excluding TxBlaster3 · 328,947 outputs
Payment 58.3% 191,881
P2PKH 191,340 · P2PK 533 · Multisig 8
Data Publication 41.2% 135,593
OP_RETURN 131,253 · Ordinal envelopes 4,279 · Spendable metadata 61
Contracts & Tokens 0.45% 1,473
STAS Gen 3: 70 · Custom locking: 1,403 · 12 unique structures

Of 137,066 non-payment outputs in this window, 95.8% were prunable (OP_RETURN) and 4.2% 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 131,253Spendable metadata 61Ordinal envelope 4,279STAS Gen 3 70Custom locking 1,403
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 5% 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. 12 unique structures observed today across 1,473 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
1Sat-Ordinal 4,280MAP 2,845Metanet4 1,990AIP 1,930B:// 1,757BSV-21 62STAS 55BAP 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/plain 4,073text/markdown 1,335image/svg+xml 198image/webp 149image/jpeg 76application/json 73application/bsv-20 62image/png 30
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 2026-09-27 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 101,003 transactions. Most chain activity carries no such identifier; the names below are services whose on-chain shape is recognizable from prior analysis.

Teragun 101,003AIRCHIVE 14,095TreeChat 1,284Twetch 1,243dxs 875Indelible 699OYO 128MNEE 38BSV Live Master 203D Ordi 19memo.cash 8mintBlue 5CASHEIO 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

Data Carrier (OP_RETURN)

DATA_CARRIER · selected from 138,762 candidates

Data Carrier (OP_RETURN) with a 564-byte payload

What it does. This script begins with OP_RETURN, which terminates execution and marks the output as unspendable. The remaining bytes carry arbitrary data.

Why it matters. Currently the most common method for data publication. Used by protocols like B://, MAP, AIP, and TreeChat for files, metadata, and social content.

TX 5d71c1f59e… Block 968,439 564 script bytes
Opcodes used
0
Script preview
OP_0 084149524348495645010103040045082d826edda001000001014d1502de0029a46963616fa6303430303435a863616c6c7369676ea6455448353734a3726567a645542d414f4fa673717561776ba430373034ad61697263726166745f74797065a442373838a863617465676f7279a24135a27473cf000001a0dd6e822da674735f706f7300a36c6174cb40493f0c80410300a
Skeleton
OP_0 <DATA>
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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