BSV Intel the signal, daily
Edition 209
Monday · September 28, 2026
BSV Network · 24 hours ending September 28, 09:07 UTC

Edition 209

Edited by Bridget Doran · Scanned 09:32 UTC, September 28 · Blocks 968,573 → 968,716 · 1,046,198 transactions
Largest move
$1.48M
73,791 BSV · whale tier
Avg block time
10.5min
near schedule
Throughput
12tx/s
peak 1204 tx/s
BSV price
$20.08
▼ 6.9% · 24h
№ 01 Chain Health

9 pools, on schedule

9 pools produced today's 144 blocks at an average interval of 10.5 min — on schedule relative to the 10-minute target.

7 min
Median interval
half the blocks faster
57
Fast blocks1
under 5 min
722,677 txs
Busiest block
block 968,691
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 · 25h
Fast (<5 min) · 57 Normal · 65 Slow (>20 min) · 22
For the technical reader

Block timing. Mean interval 630.0 seconds (10.5 min) over 143 measured intervals across 144 blocks; median 421 seconds (7 min). Range 3 s to 3107 s (51.8 min).

Cadence. Average interval 10.5 min — on schedule relative to the 10-minute target. 9 pools produced today's blocks.

Largest block. Block 968,691 at 722,677 transactions, the peak load in the window. Avg tx/block across all 144 blocks was 7,265.

№ 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 968,736). 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 23.6%. Distribution within normal range.

Kryptex 23.6%
CUVVE 19.4%
SA100 12.5%
taal.com 11.1%
GorillaPool 10.4%
qdlnk 8.3%
molepool.com 6.3%
unknown 3.5%
Bitofsin 2.8%
Mining-Dutch 2.1%
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 34, CUVVE 28, SA100 18, taal.com 16, GorillaPool 15, qdlnk 12, molepool.com 9, unknown 5, Bitofsin 4, Mining-Dutch 3. 139 of 144 blocks identified.

№ 04 Capital Flow

246 movements crossed the chain

2 of them moved more than 10,000 BSV, a combined ~$3.0 million at today's price.

2
Major
> 10K BSV
~$200,800+
39
Notable
1K – 10K BSV
~$20,080 – 200,800
205
Significant
100 – 1K BSV
~$2,008 – 20,080
Top movements
73,791.37BSV
≈ $1,481,731 2996b5b803…
2 → 2 Neutral
73,790.78BSV
≈ $1,481,719 c962ef677e…
2 → 2 Neutral
8,740.21BSV
≈ $175,504 173b734ad5…
1 → 2 Neutral
5,000.00BSV
≈ $100,400 ef08cbb2d8…
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 211 days

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

New to the radar
187PqQNk1kRqr3T1JD… 73,791 BSV First appearance
1Cdu7PFRshbaj35Jtk… 73,791 BSV First appearance
18rTyw9AX4sbijz7w4… 8,740 BSV First appearance
Recurring addresses
Address Behavior Confidence Active
8,955,553 BSV · 435 txs
Exchange-Like High 03-04 → 09-27
5,936,232 BSV · 196 txs
Exchange-Like High 03-02 → 09-28
2,813,749 BSV · 138 txs
Exchange-Like High 03-02 → 09-28
18,741,576 BSV · 121 txs
Exchange-Like High 03-08 → 09-28
0 BSV · 119 txs
Accumulator High 03-08 → 09-28
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 211-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
$20.08
▼ 6.9% over 24h
Throughput, avg
12tx/s
peak 1204 tx/s · 10-min window
Avg tx / block7,265
Max tx / block722,677
Total transactions1,046,198
10-min peak722,677
For the technical reader

TPS is computed over the 25 hours of the scan window in 10-minute intervals, not per block. The peak is the busiest 10-minute window observed (722,677 transactions, ≈ 1204 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 27 hours

1,046,198 transactions mapped to 10-minute windows. The brightest cell is the busiest window of the day.

08111417202302050810:00:10:20:30:40:5008:00 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 — 243 txs09:40 UTC — 0 txs09:50 UTC — 437 txs10:00 UTC — 21 txs10:10 UTC — 513 txs10:20 UTC — 14 txs10:30 UTC — 0 txs10:40 UTC — 0 txs10:50 UTC — 1,811 txs11:00 UTC — 392 txs11:10 UTC — 308 txs11:20 UTC — 0 txs11:30 UTC — 0 txs11:40 UTC — 624 txs11:50 UTC — 0 txs12:00 UTC — 6 txs12:10 UTC — 0 txs12:20 UTC — 76 txs12:30 UTC — 1,098 txs12:40 UTC — 9 txs12:50 UTC — 543 txs13:00 UTC — 0 txs13:10 UTC — 762 txs13:20 UTC — 0 txs13:30 UTC — 0 txs13:40 UTC — 591 txs13:50 UTC — 33 txs14:00 UTC — 0 txs14:10 UTC — 508 txs14:20 UTC — 295 txs14:30 UTC — 0 txs14:40 UTC — 33 txs14:50 UTC — 407 txs15:00 UTC — 265 txs15:10 UTC — 98 txs15:20 UTC — 0 txs15:30 UTC — 2 txs15:40 UTC — 424 txs15:50 UTC — 0 txs16:00 UTC — 43 txs16:10 UTC — 527 txs16:20 UTC — 0 txs16:30 UTC — 0 txs16:40 UTC — 0 txs16:50 UTC — 567 txs17:00 UTC — 0 txs17:10 UTC — 0 txs17:20 UTC — 0 txs17:30 UTC — 1,184 txs17:40 UTC — 467 txs17:50 UTC — 304 txs18:00 UTC — 51 txs18:10 UTC — 828 txs18:20 UTC — 160 txs18:30 UTC — 0 txs18:40 UTC — 658 txs18:50 UTC — 310 txs19:00 UTC — 398 txs19:10 UTC — 101 txs19:20 UTC — 0 txs19:30 UTC — 0 txs19:40 UTC — 0 txs19:50 UTC — 1,337 txs20:00 UTC — 365 txs20:10 UTC — 141 txs20:20 UTC — 518 txs20:30 UTC — 56 txs20:40 UTC — 0 txs20:50 UTC — 0 txs21:00 UTC — 0 txs21:10 UTC — 0 txs21:20 UTC — 836 txs21:30 UTC — 21 txs21:40 UTC — 293 txs21:50 UTC — 0 txs22:00 UTC — 0 txs22:10 UTC — 0 txs22:20 UTC — 0 txs22:30 UTC — 595 txs22:40 UTC — 134 txs22:50 UTC — 5,039 txs23:00 UTC — 226 txs23:10 UTC — 0 txs23:20 UTC — 0 txs23:30 UTC — 0 txs23:40 UTC — 446 txs23:50 UTC — 134 txs00:00 UTC — 0 txs00:10 UTC — 0 txs00:20 UTC — 1,128 txs00:30 UTC — 89 txs00:40 UTC — 0 txs00:50 UTC — 407 txs01:00 UTC — 6 txs01:10 UTC — 0 txs01:20 UTC — 0 txs01:30 UTC — 0 txs01:40 UTC — 463 txs01:50 UTC — 0 txs02:00 UTC — 176 txs02:10 UTC — 16 txs02:20 UTC — 0 txs02:30 UTC — 0 txs02:40 UTC — 297 txs02:50 UTC — 0 txs03:00 UTC — 3 txs03:10 UTC — 46 txs03:20 UTC — 373 txs03:30 UTC — 116 txs03:40 UTC — 109 txs03:50 UTC — 116 txs04:00 UTC — 0 txs04:10 UTC — 0 txs04:20 UTC — 0 txs04:30 UTC — 79 txs04:40 UTC — 722,677 txs723k04:50 UTC — 0 txs05:00 UTC — 139,426 txs05:10 UTC — 135,822 txs05:20 UTC — 789 txs05:30 UTC — 23 txs05:40 UTC — 979 txs05:50 UTC — 44 txs06:00 UTC — 0 txs06:10 UTC — 0 txs06:20 UTC — 4,988 txs06:30 UTC — 320 txs06:40 UTC — 14 txs06:50 UTC — 402 txs07:00 UTC — 419 txs07:10 UTC — 19 txs07:20 UTC — 0 txs07:30 UTC — 0 txs07:40 UTC — 0 txs07:50 UTC — 70 txs08:00 UTC — 4,754 txs08:10 UTC — 254 txs08:20 UTC — 0 txs08:30 UTC — 0 txs08:40 UTC — 1,477 txs08:50 UTC — 14 txs09:00 UTC — 1,193 txs09:10 UTC — 0 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: 722,677 txs Coverage: 144 blocks · 25h 09-27 08:06 UTC → 09-28 09:07 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

2.1 million outputs, by purpose

The TxBlaster service produced 96.3% of transactions, posting paired payment and data-publication outputs continuously. The breakdown below isolates the remaining 3.7% 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 · 96.3%
3.7%
1,007,462 tx 38,736 tx · all other
Excluding TxBlaster3 · 129,776 outputs
Payment 77.6% 100,662
P2PKH 90,626 · P2PK 10,027 · Multisig 9
Data Publication 19.3% 25,108
OP_RETURN 23,366 · Ordinal envelopes 1,602 · Spendable metadata 140
Contracts & Tokens 3.09% 4,006
STAS Gen 3: 149 · Custom locking: 3,857 · 12 unique structures

Of 29,114 non-payment outputs in this window, 80.3% were prunable (OP_RETURN) and 19.7% 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 23,366Spendable metadata 140Ordinal envelope 1,602STAS Gen 3 149Custom locking 3,857
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 96% 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 4,006 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 3,121MAP 2,891AIP 1,867B:// 1,7601Sat-Ordinal 1,602STAS 114BSV-21 54BAP 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 1,341text/plain 1,340image/svg+xml 254image/webp 151application/json 89image/jpeg 76application/bsv-20 54image/png 49
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 2026-09-28 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 11,490 transactions. Most chain activity carries no such identifier; the names below are services whose on-chain shape is recognizable from prior analysis.

AIRCHIVE 11,490Twetch 1,289TreeChat 1,193dxs 914Indelible 655OYO 3563D Ordi 49MNEE 26BSV Live Master 22BSV Feed/View 21memo.cash 13mintBlue 11CASHEIO 1ForgeChain 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

Ordinal Inscription

ORDINAL · selected from 1,602 candidates

Ordinal Inscription with a 52,942-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 f6551d453e… Block 968,588 52,942 script bytes
Opcodes used
0IF1ENDIFDUPHASH160EQUALVERIFYCHECKSIG
Script preview
OP_0 OP_IF 6f7264 OP_1 696d6167652f6a706567 OP_0 ffd8ffe000104a46494600010100000100010000ffe201d84943435f50524f46494c45000101000001c800000000043000006d6e74725247422058595a2007e00001000100000000000061637370000000000000000000000000000000000000000000000000000000010000f6d6000100000000d32d000000000000000
Skeleton
OP_0 OP_IF 6f7264 OP_1 <DATA> OP_0 <DATA> OP_ENDIF OP_DUP OP_HASH160 <DATA> OP_EQUALVERIFY OP_CHECKSIG <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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