BSV Intel the signal, daily
Edition 231
Tuesday · October 20, 2026
BSV Network · 24 hours ending October 20, 09:29 UTC

Edition 231

Edited by Bridget Doran · Scanned 09:32 UTC, October 20 · Blocks 971,716 → 971,859 · 1,485,066 transactions
Largest transaction
$1.29M
73,631 BSV · major tier
Avg block time
10.2min
near schedule
Throughput
17tx/s
peak 431 tx/s
BSV price
$17.49
▼ 0.9% · 24h
№ 01 Chain Health

10 miners, on schedule

10 miners produced today's 144 blocks at an average interval of 10.2 min — on schedule relative to the 10-minute target.

6.4 min
Median interval
half the blocks faster
55
Fast blocks1
under 5 min
258,472 txs
Busiest block
block 971,805
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 · 24.2h
Fast (<5 min) · 55 Normal · 72 Slow (>20 min) · 17
For the technical reader

Block timing. Mean interval 609.6 seconds (10.2 min) over 143 measured intervals across 144 blocks; median 385 seconds (6.4 min). Range 9 s to 2878 s (48.0 min).

Cadence. Average interval 10.2 min — on schedule relative to the 10-minute target. 10 miners produced today's blocks.

Largest block. Block 971,805 at 258,472 transactions, the peak load in the window. Avg tx/block across all 144 blocks was 10,313.

№ 02 Teranode Network

11 Teranode operators visible on the public network

At least 11 operators are announcing on the public gossip network (2 acting as public relays), running versions from v0.0.0-20261013192217-9f5d28108 to v0.16.0. This is the publicly-visible set only; others almost certainly run Teranode without announcing.

11
Visible
announcing on mesh
2
Public relays
accept external tx
10
Caught up → tip
synced to latest block
Versions in use · 11 operators
v0.0.0-20261013192217-9f5d28108 1 · v0.0.0-20261019211334-unknown 1 · v0.0.0-20261019211603-unknown 1 · v0.15.9 1 · v0.16.0-beta-15 2 · v0.16.0 5
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 971,868). 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

10 miners produced today's 144 blocks

qdlnk led at 20.1%. Distribution within normal range.

qdlnk 20.1%
Kryptex 17.4%
CUVVE 16.7%
SA100 12.5%
GorillaPool 10.4%
taal.com 9.7%
molepool.com 3.5%
taal.com_Teranode 3.5%
KardanPool 3.5%
Bitofsin 2.8%
For the technical reader

Miners are identified by their coinbase tag, a free-text field the block's miner writes into its own coinbase transaction. That miner may be a pool or someone mining solo. The tag is self-reported and unsigned: consensus does not check it, and Teranode reads the same field to name miners. Blocks with no tag, or a tag not on our list, appear as unrecognized. The _Teranode suffix (e.g., taal.com_Teranode) marks blocks whose coinbase tag mentions Teranode, which is also self-reported rather than 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 29, Kryptex 25, CUVVE 24, SA100 18, GorillaPool 15, taal.com 14, molepool.com 5, taal.com_Teranode 5, KardanPool 5, Bitofsin 4. 144 of 144 blocks identified.

№ 04 Large Transactions

277 transactions of 100 BSV or more

Blocks 971,716–971,859 · 144 blocks, about 24 hours

9 were over 10,000 BSV, a combined ~$4.3 million. Of the 145,124 BSV in the 4 largest, 145,097 went back to the sending addresses. 6 addresses paid in the largest transactions had not appeared in a 1,000+ BSV transaction since tracking began on March 2.

9
Major
> 10K BSV
~$174,904+
17
Notable
1K – 10K BSV
~$17,490 – 174,904
251
Significant
100 – 1K BSV
~$1,749 – 17,490
Largest transactions
73,631.23BSV
≈ $1,287,840 c6eb064729…
2 → 2 Neutral
New address1496GYE3GpAo…received 10 BSV · 73,621 BSV back to the sender
23,839.80BSV
≈ $416,968 f8e4230639…
1 → 2 Neutral
New address12vDeQUbX9zE…received 10 BSV · 23,830 BSV back to the sender
23,829.80BSV
≈ $416,793 9907c8af88…
1 → 2 Neutral
New address1CXHtKQdM7ik…received 6.6 BSV · 23,823 BSV back to the sender
23,823.20BSV
≈ $416,677 ea8120310c…
1 → 2 Neutral
New address12vsKJGmBeS2…received 0.42 BSV · 23,823 BSV back to the sender

Also new since March 2: 1NXUEsLwZdC5… (40 BSV received), 1FVRz3Uc5H2t… (1 BSV received).

Large holders we follow · 42

None of them ended these blocks 25,000 BSV or more up or down.

How to read this section

Large transactions are transactions in these blocks whose outputs add up to 100 BSV or more. Major > 10K BSV; Notable 1K – 10K BSV; Significant 100 – 1K BSV. The 100-BSV floor excludes ordinary day-to-day payments. A transaction's size includes change returned to the sender, so it is how much value the transaction handled, not how much changed hands. The line under each transaction shows what was actually paid out.

Shape is input-count → output-count. Pattern is heuristic: Neutral is a typical payment (one payment plus change); Consolidation is many inputs to few outputs (UTXO cleanup or sweep); Distribution is few inputs to many outputs (payouts, batch send).

The address under a transaction is its largest output that is not change. An output paid back to one of the transaction's own input addresses counts as change (“back to the sender”). A wallet that sends change to a fresh address can't be told apart this way, so the address shown may still be the sender's. Internal transfer means the sending addresses and every address paid belong to the same holder we follow (below), so the coins likely stayed with one owner.

New address means the address has not appeared, as sender or receiver, in any stored large transaction since tracking began on March 2, 2026. Stored transactions are mostly 1,000 BSV and up; before October 16, 2026 only each day's top 10 were stored. A new address could be a new large holder, an address that only moved smaller amounts before, or a long-dormant address coming back. Seen before gives the first date the address appeared and how many stored transactions it has been in.

Large holders we follow are groups of addresses we treat as one owner, because they have been spent together as inputs or linked by hand from on-chain evidence. For each one, we add up every stored transaction touching its addresses in these blocks: coins received minus coins sent. Moves between a holder's own addresses cancel out, so a large transfer that only shuffles coins internally shows near zero. A holder is listed when it ends the blocks 25,000 BSV or more up or down. Addresses outside these groups are not counted, so a large payment to a new address does not show up here.

All classifications are probabilistic. Grouping addresses into a holder is an inference from on-chain links, not proof of common ownership, and no identity is claimed.

№ 05 Throughput & Market
BSV / USD
$17.49
▼ 0.9% over 24h
Throughput, avg
17tx/s
peak 431 tx/s · 10-min window
Avg tx / block10,313
Max tx / block258,472
Total transactions1,485,066
10-min peak258,472
For the technical reader

TPS is computed over the 24.2 hours of the scan window in 10-minute intervals, not per block. The peak is the busiest 10-minute window observed (258,472 transactions, ≈ 431 tx/s for that window).

Price source: real-time quote at scan completion. 24h change is from a rolling 24-hour spot reference.

№ 06 Transaction Velocity

Activity by hour, across 26 hours

1,485,066 transactions mapped to 10-minute windows. The brightest cell is the busiest window of the day.

09121518210003060910:00:10:20:30:40:5009:00 UTC — 0 txs09:10 UTC — 393 txs09:20 UTC — 591 txs09:30 UTC — 1,492 txs09:40 UTC — 158 txs09:50 UTC — 962 txs10:00 UTC — 1,094 txs10:10 UTC — 268 txs10:20 UTC — 961 txs10:30 UTC — 0 txs10:40 UTC — 0 txs10:50 UTC — 2,040 txs11:00 UTC — 465 txs11:10 UTC — 862 txs11:20 UTC — 594 txs11:30 UTC — 538 txs11:40 UTC — 7 txs11:50 UTC — 0 txs12:00 UTC — 787 txs12:10 UTC — 0 txs12:20 UTC — 0 txs12:30 UTC — 0 txs12:40 UTC — 0 txs12:50 UTC — 1,699 txs13:00 UTC — 0 txs13:10 UTC — 1,511 txs13:20 UTC — 0 txs13:30 UTC — 26 txs13:40 UTC — 20 txs13:50 UTC — 4,047 txs14:00 UTC — 460 txs14:10 UTC — 23 txs14:20 UTC — 404 txs14:30 UTC — 22 txs14:40 UTC — 55,186 txs14:50 UTC — 175,625 txs176k15:00 UTC — 167,858 txs168k15:10 UTC — 107,864 txs108k15:20 UTC — 0 txs15:30 UTC — 0 txs15:40 UTC — 152,258 txs152k15:50 UTC — 2,811 txs16:00 UTC — 910 txs16:10 UTC — 0 txs16:20 UTC — 0 txs16:30 UTC — 0 txs16:40 UTC — 0 txs16:50 UTC — 32,768 txs17:00 UTC — 0 txs17:10 UTC — 0 txs17:20 UTC — 0 txs17:30 UTC — 121,368 txs121k17:40 UTC — 0 txs17:50 UTC — 1,112 txs18:00 UTC — 23 txs18:10 UTC — 0 txs18:20 UTC — 1,184 txs18:30 UTC — 0 txs18:40 UTC — 0 txs18:50 UTC — 1,111 txs19:00 UTC — 347 txs19:10 UTC — 331 txs19:20 UTC — 17 txs19:30 UTC — 2,838 txs19:40 UTC — 254 txs19:50 UTC — 0 txs20:00 UTC — 0 txs20:10 UTC — 1,063 txs20:20 UTC — 260 txs20:30 UTC — 200,299 txs200k20:40 UTC — 21 txs20:50 UTC — 961 txs21:00 UTC — 254 txs21:10 UTC — 252 txs21:20 UTC — 116 txs21:30 UTC — 216 txs21:40 UTC — 580 txs21:50 UTC — 147 txs22:00 UTC — 0 txs22:10 UTC — 79,549 txs22:20 UTC — 258,472 txs258k22:30 UTC — 0 txs22:40 UTC — 63,907 txs22:50 UTC — 0 txs23:00 UTC — 34 txs23:10 UTC — 437 txs23:20 UTC — 5,547 txs23:30 UTC — 17 txs23:40 UTC — 0 txs23:50 UTC — 0 txs00:00 UTC — 0 txs00:10 UTC — 0 txs00:20 UTC — 12,017 txs00:30 UTC — 774 txs00:40 UTC — 94 txs00:50 UTC — 175 txs01:00 UTC — 594 txs01:10 UTC — 0 txs01:20 UTC — 437 txs01:30 UTC — 0 txs01:40 UTC — 0 txs01:50 UTC — 527 txs02:00 UTC — 69 txs02:10 UTC — 235 txs02:20 UTC — 225 txs02:30 UTC — 326 txs02:40 UTC — 0 txs02:50 UTC — 0 txs03:00 UTC — 1,399 txs03:10 UTC — 564 txs03:20 UTC — 559 txs03:30 UTC — 313 txs03:40 UTC — 0 txs03:50 UTC — 1,498 txs04:00 UTC — 0 txs04:10 UTC — 2,048 txs04:20 UTC — 0 txs04:30 UTC — 0 txs04:40 UTC — 0 txs04:50 UTC — 1,689 txs05:00 UTC — 262 txs05:10 UTC — 0 txs05:20 UTC — 0 txs05:30 UTC — 0 txs05:40 UTC — 1,037 txs05:50 UTC — 0 txs06:00 UTC — 39 txs06:10 UTC — 0 txs06:20 UTC — 721 txs06:30 UTC — 225 txs06:40 UTC — 108 txs06:50 UTC — 0 txs07:00 UTC — 0 txs07:10 UTC — 712 txs07:20 UTC — 197 txs07:30 UTC — 370 txs07:40 UTC — 18 txs07:50 UTC — 0 txs08:00 UTC — 0 txs08:10 UTC — 0 txs08:20 UTC — 53 txs08:30 UTC — 1,101 txs08:40 UTC — 104 txs08:50 UTC — 114 txs09:00 UTC — 0 txs09:10 UTC — 452 txs09:20 UTC — 589 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: 258,472 txs Coverage: 144 blocks · 24.2h 10-19 09:16 UTC → 10-20 09:29 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.
№ 07 On-chain Activity

3.1 million outputs, by purpose

The TxBlaster service produced 34.4% of transactions, posting paired payment and data-publication outputs continuously. The breakdown below isolates the remaining 65.6% 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 · 34.4%
65.6%
511,000 tx 974,066 tx · all other
Excluding TxBlaster3 · 2,057,713 outputs
Payment 92.1% 1,895,213
P2PKH 1,889,080 · P2PK 6,100 · Multisig 33
Data Publication 7.4% 152,310
OP_RETURN 143,493 · Ordinal envelopes 595 · Spendable metadata 8,222
Contracts & Tokens 0.50% 10,190
STAS Gen 3: 144 · Custom locking: 10,046 · 17 unique structures

Of 162,500 non-payment outputs in this window, 88.3% were prunable (OP_RETURN) and 11.7% 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 143,493Spendable metadata 8,222Ordinal envelope 595STAS Gen 3 144Custom locking 10,046
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 34% 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. 17 unique structures observed today across 10,190 contract outputs.

№ 08 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 7,471AIP 5,729Metanet4 4,224B:// 2,8921Sat-Ordinal 596BSV-21 434STAS 62BAP 3
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 2,361application/bsv-20 434text/plain 280image/webp 190image/jpeg 109image/png 36application/json 31application/octet-stream 16
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).

№ 09 Overlay Directory

307 endpoints across the federation, 14 new this window

BRC-88 topic registrations announce who is hosting which overlay services on chain.

SHIP · intake side
157endpoints
across 96 topic managers
SLAP · query side
150endpoints
across 90 lookup services
Top topic managers · SHIP (of 96)
tm_template 18tm_uhrp 16tm_plite 15tm_users 11tm_identity 10
Top lookup services · SLAP (of 90)
ls_template 17ls_uhrp 15ls_identity 10ls_users 10ls_plite 10
Directory topics tm_ship (27) · tm_slap (27) · ls_ship (25) · ls_slap (25)
New this window · 14 advertisements
SHIP
tm_pf_name_beta
operator 03de8ebec2baf76f… · overlay-beta.teragun.com
971,749
SHIP
tm_pf_content_beta
operator 03de8ebec2baf76f… · overlay-beta.teragun.com
971,749
SHIP
tm_pf_picture_head_beta
operator 03de8ebec2baf76f… · overlay-beta.teragun.com
971,749
SLAP
ls_pf_name_beta
operator 03de8ebec2baf76f… · overlay-beta.teragun.com
971,749
SLAP
ls_pf_content_beta
operator 03de8ebec2baf76f… · overlay-beta.teragun.com
971,749
SLAP
ls_pf_picture_head_beta
operator 03de8ebec2baf76f… · overlay-beta.teragun.com
971,749
SHIP
tm_pf_number_head
operator 03126cfea2fc64e4… · overlay.teragun.com
971,750
SHIP
tm_pf_picture_head
operator 03126cfea2fc64e4… · overlay.teragun.com
971,750
SHIP
tm_pf_name
operator 03126cfea2fc64e4… · overlay.teragun.com
971,750
SHIP
tm_pf_content
operator 03126cfea2fc64e4… · overlay.teragun.com
971,750
SLAP
ls_pf_name
operator 03126cfea2fc64e4… · overlay.teragun.com
971,750
SLAP
ls_pf_number_head
operator 03126cfea2fc64e4… · overlay.teragun.com
971,750
SLAP
ls_pf_content
operator 03126cfea2fc64e4… · overlay.teragun.com
971,750
SLAP
ls_pf_picture_head
operator 03126cfea2fc64e4… · overlay.teragun.com
971,750
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 topic managers (tm_ names) a node accepts transactions for. SLAP is the query side: which lookup services (ls_ names) a node answers queries for.

endpoints = unique (URL, identity key) pairs. advertisements = signed unspent UTXOs on chain, each declaring one endpoint hosts one topic manager or lookup service. Names come in pairs per overlay, e.g. tm_uhrp (advertised via SHIP) and ls_uhrp (advertised via SLAP). SHIP and SLAP are overlays themselves, so ls_ship is a lookup service and is advertised via SLAP, despite the name.

Snapshot from 2026-10-20 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.

№ 10 Identifiable Activity

Applications and tokens with recognizable fingerprints

Teragun led identifiable activity at 114,023 transactions. Most chain activity carries no such identifier; the names below are services whose on-chain shape is recognizable from prior analysis.

Teragun 114,023Twetch 4,394AIRCHIVE 3,847TreeChat 2,062dxs 629Indelible 320OYO 273MNEE 110mintBlue 853D Ordi 76memo.cash 50BSV Live Master 42BSV Feed/View 3CASHEIO 2ForgeChain 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.

№ 11 Script of the Day

Multi-Signature

MULTISIG · selected from 33 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 d0fc995152… Block 971,728 71 script bytes
Opcodes used
2CHECKMULTISIG
Script preview
OP_2 03eab7c2f836889444c9e05a56b2a347c415cbaa0f3bbe021f96e58f410ade2e53 03ec51189e9fbb3a60aef1c1e5d6a1a4f780b23c5ec15d3241f9293ed2396ed14a 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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