BSV Intel the signal, daily
Edition 211
Wednesday · September 30, 2026
BSV Network · 24 hours ending September 30, 09:15 UTC

Edition 211

Edited by Bridget Doran · Scanned 09:32 UTC, September 30 · Blocks 968,873 → 969,016 · 1,089,542 transactions
Largest move
$648K
32,600 BSV · whale tier
Avg block time
9.2min
near schedule
Throughput
14tx/s
peak 839 tx/s
BSV price
$19.89
▼ 3.9% · 24h
№ 01 Chain Health

11 pools, on schedule

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

6.3 min
Median interval
half the blocks faster
58
Fast blocks1
under 5 min
503,287 txs
Busiest block
block 968,980
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 · 21.7h
Fast (<5 min) · 58 Normal · 68 Slow (>20 min) · 18
For the technical reader

Block timing. Mean interval 551.6 seconds (9.2 min) over 142 measured intervals across 144 blocks; median 375 seconds (6.3 min). Range 1 s to 2671 s (44.5 min). One sub-3-second interval observed.

Cadence. Average interval 9.2 min — on schedule relative to the 10-minute target. 11 pools produced today's blocks.

Largest block. Block 968,980 at 503,287 transactions, the peak load in the window. Avg tx/block across all 144 blocks was 7,566.

№ 02 Teranode Network

8 Teranode operators visible on the public network

At least 8 operators are announcing on the public gossip network (2 acting as public relays), running versions from pr-1755-1908b5c to v0.16.0-beta-11. This is the publicly-visible set only; others almost certainly run Teranode without announcing.

8
Visible
announcing on mesh
2
Public relays
accept external tx
5
Caught up → tip
synced to latest block
Versions in use · 8 operators
pr-1755-1908b5c 1 · v0.15.8-beta-2 1 · v0.15.9-beta-2 1 · v0.15.9 4 · 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 969,023). 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

11 pools produced today's 144 blocks

CUVVE led at 18.8%. Distribution within normal range.

CUVVE 18.8%
taal.com 13.9%
qdlnk 13.2%
Kryptex 13.2%
GorillaPool 11.1%
Mining-Dutch 10.4%
SA100 7.6%
molepool.com 5.6%
KardanPool 3.5%
Bitofsin 1.4%
taal.com_Teranode 1.4%
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 27, taal.com 20, qdlnk 19, Kryptex 19, GorillaPool 16, Mining-Dutch 15, SA100 11, molepool.com 8, KardanPool 5, Bitofsin 2, taal.com_Teranode 2. 144 of 144 blocks identified.

№ 04 Capital Flow

555 movements crossed the chain

2 of them moved more than 10,000 BSV, a combined ~$921,403 at today's price.

2
Major
> 10K BSV
~$198,872+
69
Notable
1K – 10K BSV
~$19,887 – 198,872
484
Significant
100 – 1K BSV
~$1,989 – 19,887
Top movements
32,599.96BSV
≈ $648,322 45ad36f348…
5 → 2 Consolidation
13,731.51BSV
≈ $273,081 122e8fbf44…
71 → 1 Consolidation
8,711.70BSV
≈ $173,251 e5e3f6ad5c…
1 → 2 Neutral
8,622.21BSV
≈ $171,472 c8dbc12978…
1 → 9 Distribution
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

69 tracked addresses across 213 days

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

New to the radar
1D7c9BTBgo4EDtN4zw… 32,600 BSV First appearance
1J6dTqn1gseuMQUoXJ… 8,712 BSV First appearance
1FpqhCWkawV5gHeWA2… 8,622 BSV First appearance
Recurring addresses
Address Behavior Confidence Active
9,022,545 BSV · 441 txs
Exchange-Like High 03-04 → 09-30
6,070,325 BSV · 204 txs
Exchange-Like High 03-02 → 09-30
2,821,749 BSV · 139 txs
Exchange-Like High 03-02 → 09-29
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 213-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
$19.89
▼ 3.9% over 24h
Throughput, avg
14tx/s
peak 839 tx/s · 10-min window
Avg tx / block7,566
Max tx / block503,287
Total transactions1,089,542
10-min peak503,287
For the technical reader

TPS is computed over the 21.7 hours of the scan window in 10-minute intervals, not per block. The peak is the busiest 10-minute window observed (503,287 transactions, ≈ 839 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

1,089,542 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 — 335 txs11:40 UTC — 294 txs11:50 UTC — 261 txs12:00 UTC — 507 txs12:10 UTC — 103 txs12:20 UTC — 360 txs12:30 UTC — 1,579 txs12:40 UTC — 382 txs12:50 UTC — 531 txs13:00 UTC — 432 txs13:10 UTC — 359 txs13:20 UTC — 289 txs13:30 UTC — 215 txs13:40 UTC — 0 txs13:50 UTC — 0 txs14:00 UTC — 808 txs14:10 UTC — 22 txs14:20 UTC — 449 txs14:30 UTC — 0 txs14:40 UTC — 32 txs14:50 UTC — 0 txs15:00 UTC — 1,430 txs15:10 UTC — 83 txs15:20 UTC — 339 txs15:30 UTC — 0 txs15:40 UTC — 705 txs15:50 UTC — 34 txs16:00 UTC — 0 txs16:10 UTC — 780 txs16:20 UTC — 253 txs16:30 UTC — 629 txs16:40 UTC — 1,242 txs16:50 UTC — 10 txs17:00 UTC — 944 txs17:10 UTC — 11 txs17:20 UTC — 0 txs17:30 UTC — 0 txs17:40 UTC — 0 txs17:50 UTC — 91 txs18:00 UTC — 0 txs18:10 UTC — 0 txs18:20 UTC — 2,204 txs18:30 UTC — 3,252 txs18:40 UTC — 838 txs18:50 UTC — 277 txs19:00 UTC — 0 txs19:10 UTC — 966 txs19:20 UTC — 497 txs19:30 UTC — 0 txs19:40 UTC — 795 txs19:50 UTC — 366 txs20:00 UTC — 34 txs20:10 UTC — 1,033 txs20:20 UTC — 481 txs20:30 UTC — 0 txs20:40 UTC — 1,256 txs20:50 UTC — 0 txs21:00 UTC — 1,643 txs21:10 UTC — 1,606 txs21:20 UTC — 1,186 txs21:30 UTC — 990 txs21:40 UTC — 0 txs21:50 UTC — 1,491 txs22:00 UTC — 1,272 txs22:10 UTC — 0 txs22:20 UTC — 0 txs22:30 UTC — 0 txs22:40 UTC — 0 txs22:50 UTC — 2,750 txs23:00 UTC — 0 txs23:10 UTC — 1,031 txs23:20 UTC — 0 txs23:30 UTC — 7,326 txs23:40 UTC — 521 txs23:50 UTC — 1,034 txs00:00 UTC — 0 txs00:10 UTC — 35 txs00:20 UTC — 0 txs00:30 UTC — 0 txs00:40 UTC — 4,309 txs00:50 UTC — 0 txs01:00 UTC — 1,320 txs01:10 UTC — 436 txs01:20 UTC — 18 txs01:30 UTC — 1,734 txs01:40 UTC — 43 txs01:50 UTC — 742 txs02:00 UTC — 56,775 txs02:10 UTC — 0 txs02:20 UTC — 196,608 txs02:30 UTC — 0 txs02:40 UTC — 250,388 txs250k02:50 UTC — 898 txs03:00 UTC — 734 txs03:10 UTC — 0 txs03:20 UTC — 49 txs03:30 UTC — 0 txs03:40 UTC — 0 txs03:50 UTC — 0 txs04:00 UTC — 503,287 txs503k04:10 UTC — 734 txs04:20 UTC — 478 txs04:30 UTC — 1,042 txs04:40 UTC — 531 txs04:50 UTC — 1,024 txs05:00 UTC — 1,147 txs05:10 UTC — 0 txs05:20 UTC — 35 txs05:30 UTC — 2,177 txs05:40 UTC — 0 txs05:50 UTC — 2,063 txs06:00 UTC — 1,023 txs06:10 UTC — 383 txs06:20 UTC — 1,079 txs06:30 UTC — 511 txs06:40 UTC — 0 txs06:50 UTC — 1,287 txs07:00 UTC — 259 txs07:10 UTC — 0 txs07:20 UTC — 0 txs07:30 UTC — 2,605 txs07:40 UTC — 2,332 txs07:50 UTC — 1,163 txs08:00 UTC — 846 txs08:10 UTC — 574 txs08:20 UTC — 759 txs08:30 UTC — 0 txs08:40 UTC — 1,391 txs08:50 UTC — 758 txs09:00 UTC — 0 txs09:10 UTC — 1,607 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: 503,287 txs Coverage: 144 blocks · 21.7h 09-29 11:30 UTC → 09-30 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

2.2 million outputs, by purpose

The TxBlaster service produced 92.3% of transactions, posting paired payment and data-publication outputs continuously. The breakdown below isolates the remaining 7.7% 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 · 92.3%
7.7%
1,005,582 tx 83,960 tx · all other
Excluding TxBlaster3 · 238,606 outputs
Payment 66.2% 157,950
P2PKH 147,898 · P2PK 10,044 · Multisig 8
Data Publication 13.2% 31,541
OP_RETURN 30,246 · Ordinal envelopes 1,137 · Spendable metadata 158
Contracts & Tokens 20.58% 49,115
STAS Gen 3: 1,454 · Custom locking: 47,661 · 12 unique structures

Of 80,656 non-payment outputs in this window, 37.5% were prunable (OP_RETURN) and 62.5% 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 30,246Spendable metadata 158Ordinal envelope 1,137STAS Gen 3 1,454Custom locking 47,661
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 92% 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 49,115 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 9,291AIP 7,701B:// 6,349Metanet4 2,6221Sat-Ordinal 1,138STAS 734BSV-21 102BAP-ID 1
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 5,827image/png 670image/svg+xml 246text/plain 242image/webp 230application/bsv-20 102image/jpeg 68application/json 37
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 2026-09-30 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 9,225 transactions. Most chain activity carries no such identifier; the names below are services whose on-chain shape is recognizable from prior analysis.

AIRCHIVE 9,225Twetch 6,572OYO 3,460dxs 2,053TreeChat 1,737Indelible 727Neucron 87memo.cash 723D Ordi 69MNEE 66BSV Feed/View 46BSV Live Master 37mintBlue 35ButterCup 2
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 8 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 df49a7d54d… Block 968,980 71 script bytes
Opcodes used
2CHECKMULTISIG
Script preview
OP_2 0319b021cd38faeeaea45c2ca12780e499797c131262e5050a17b9b9396f33a8c3 036487cef3d171973177f3675463f6091125144d42c34e1b7f517642333ad7e3c2 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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