BSV Intel the signal, daily
Edition 232
Wednesday · October 21, 2026
BSV Network · 24 hours ending October 21, 09:25 UTC

Edition 232

Edited by Bridget Doran · Scanned 09:31 UTC, October 21 · Blocks 971,861 → 972,004 · 54,360 transactions
Largest transaction
$391K
21,180 BSV · major tier
Avg block time
10min
near schedule
Throughput
1tx/s
peak 9 tx/s
BSV price
$18.44
▲ 5.5% · 24h
№ 01 Chain Health

10 miners, on schedule

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

7.3 min
Median interval
half the blocks faster
54
Fast blocks1
under 5 min
5,120 txs
Busiest block
block 971,936
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 · 23.7h
Fast (<5 min) · 54 Normal · 71 Slow (>20 min) · 19
For the technical reader

Block timing. Mean interval 597.7 seconds (10 min) over 143 measured intervals across 144 blocks; median 439 seconds (7.3 min). Range 2 s to 2631 s (43.9 min). One sub-3-second interval observed.

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

Largest block. Block 971,936 at 5,120 transactions, the peak load in the window. Avg tx/block across all 144 blocks was 378.

№ 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 972,023). 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

10 miners produced today's 144 blocks

CUVVE led at 23.6%. Distribution within normal range.

CUVVE 23.6%
Kryptex 22.2%
qdlnk 12.5%
SA100 11.1%
taal.com 9%
GorillaPool 6.9%
KardanPool 5.6%
molepool.com 4.2%
taal.com_Teranode 2.1%
Unrecognized 2.1%
hash-hut.net 0.7%

Unrecognized coinbase tags: yiimp ×2, yiimp · ]}NXm ×1

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: CUVVE 34, Kryptex 32, qdlnk 18, SA100 16, taal.com 13, GorillaPool 10, KardanPool 8, molepool.com 6, taal.com_Teranode 3, Unrecognized 3, hash-hut.net 1. 141 of 144 blocks identified.

№ 04 Large Transactions

136 transactions of 100 BSV or more

Blocks 971,861–972,004 · 144 blocks, about 24 hours

2 were over 10,000 BSV, a combined ~$776,717. Of the 56,855 BSV in the 4 largest, 55,612 went back to the sending addresses. 8 addresses paid in the largest transactions had not appeared in a 1,000+ BSV transaction since tracking began on March 2.

2
Major
> 10K BSV
~$184,439+
23
Notable
1K – 10K BSV
~$18,444 – 184,439
111
Significant
100 – 1K BSV
~$1,844 – 18,444
Largest transactions
21,180.05BSV
≈ $390,643 81f0ebe1de…
1 → 2 Neutral
New address1P4WNoWMiv5q…received 248 BSV · 20,932 BSV back to the sender
20,932.28BSV
≈ $386,074 508f2ab1c4…
1 → 2 Neutral
Seen before1LpepZbKhdWs…seen since June 5 in 121 large transactions · received 337 BSV · 20,595 BSV back to the sender
8,083.19BSV
≈ $149,086 87713460d6…
1 → 2 Neutral
New address1MXyoLctjMej…received 100 BSV · 7,983 BSV back to the sender
6,659.15BSV
≈ $122,821 7197deb23e…
2 → 2 Neutral
New address1JJC6KYD9qu9…received 558 BSV · 6,101 BSV back to the sender

Also new since March 2: 1BgEEtTAZHr6… (556 BSV received), 19AD7uDh94pN… (556 BSV received), 1BKY8VjFz3bG… (556 BSV received), and 2 more.

Large holders we follow · 43

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
$18.44
▲ 5.5% over 24h
Throughput, avg
1tx/s
peak 9 tx/s · 10-min window
Avg tx / block378
Max tx / block5,120
Total transactions54,360
10-min peak5,120
For the technical reader

TPS is computed over the 23.7 hours of the scan window in 10-minute intervals, not per block. The peak is the busiest 10-minute window observed (5,120 transactions, ≈ 9 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

54,360 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 — 0 txs09:20 UTC — 0 txs09:30 UTC — 0 txs09:40 UTC — 8 txs09:50 UTC — 0 txs10:00 UTC — 0 txs10:10 UTC — 0 txs10:20 UTC — 1,024 txs10:30 UTC — 686 txs10:40 UTC — 7 txs10:50 UTC — 823 txs11:00 UTC — 22 txs11:10 UTC — 829 txs11:20 UTC — 0 txs11:30 UTC — 571 txs11:40 UTC — 574 txs11:50 UTC — 373 txs12:00 UTC — 634 txs12:10 UTC — 270 txs12:20 UTC — 301 txs12:30 UTC — 201 txs12:40 UTC — 0 txs12:50 UTC — 401 txs13:00 UTC — 630 txs13:10 UTC — 364 txs13:20 UTC — 70 txs13:30 UTC — 0 txs13:40 UTC — 731 txs13:50 UTC — 33 txs14:00 UTC — 0 txs14:10 UTC — 1,116 txs14:20 UTC — 302 txs14:30 UTC — 358 txs14:40 UTC — 287 txs14:50 UTC — 284 txs15:00 UTC — 285 txs15:10 UTC — 186 txs15:20 UTC — 508 txs15:30 UTC — 0 txs15:40 UTC — 0 txs15:50 UTC — 49 txs16:00 UTC — 0 txs16:10 UTC — 0 txs16:20 UTC — 2,260 txs2k16:30 UTC — 348 txs16:40 UTC — 0 txs16:50 UTC — 0 txs17:00 UTC — 1,101 txs17:10 UTC — 548 txs17:20 UTC — 442 txs17:30 UTC — 0 txs17:40 UTC — 555 txs17:50 UTC — 0 txs18:00 UTC — 0 txs18:10 UTC — 45 txs18:20 UTC — 0 txs18:30 UTC — 1,476 txs18:40 UTC — 326 txs18:50 UTC — 366 txs19:00 UTC — 17 txs19:10 UTC — 1,020 txs19:20 UTC — 760 txs19:30 UTC — 285 txs19:40 UTC — 401 txs19:50 UTC — 0 txs20:00 UTC — 5,120 txs5k20:10 UTC — 0 txs20:20 UTC — 0 txs20:30 UTC — 710 txs20:40 UTC — 20 txs20:50 UTC — 0 txs21:00 UTC — 0 txs21:10 UTC — 0 txs21:20 UTC — 892 txs21:30 UTC — 496 txs21:40 UTC — 0 txs21:50 UTC — 0 txs22:00 UTC — 546 txs22:10 UTC — 0 txs22:20 UTC — 454 txs22:30 UTC — 731 txs22:40 UTC — 0 txs22:50 UTC — 478 txs23:00 UTC — 0 txs23:10 UTC — 361 txs23:20 UTC — 0 txs23:30 UTC — 418 txs23:40 UTC — 0 txs23:50 UTC — 3,135 txs3k00:00 UTC — 0 txs00:10 UTC — 0 txs00:20 UTC — 2,713 txs3k00:30 UTC — 16 txs00:40 UTC — 499 txs00:50 UTC — 14 txs01:00 UTC — 614 txs01:10 UTC — 888 txs01:20 UTC — 0 txs01:30 UTC — 450 txs01:40 UTC — 0 txs01:50 UTC — 687 txs02:00 UTC — 82 txs02:10 UTC — 43 txs02:20 UTC — 0 txs02:30 UTC — 531 txs02:40 UTC — 440 txs02:50 UTC — 214 txs03:00 UTC — 567 txs03:10 UTC — 21 txs03:20 UTC — 0 txs03:30 UTC — 1,119 txs03:40 UTC — 472 txs03:50 UTC — 0 txs04:00 UTC — 26 txs04:10 UTC — 723 txs04:20 UTC — 0 txs04:30 UTC — 835 txs04:40 UTC — 161 txs04:50 UTC — 0 txs05:00 UTC — 464 txs05:10 UTC — 27 txs05:20 UTC — 0 txs05:30 UTC — 0 txs05:40 UTC — 1,205 txs05:50 UTC — 481 txs06:00 UTC — 236 txs06:10 UTC — 137 txs06:20 UTC — 323 txs06:30 UTC — 0 txs06:40 UTC — 474 txs06:50 UTC — 0 txs07:00 UTC — 665 txs07:10 UTC — 672 txs07:20 UTC — 308 txs07:30 UTC — 0 txs07:40 UTC — 515 txs07:50 UTC — 0 txs08:00 UTC — 442 txs08:10 UTC — 242 txs08:20 UTC — 0 txs08:30 UTC — 35 txs08:40 UTC — 400 txs08:50 UTC — 0 txs09:00 UTC — 664 txs09:10 UTC — 0 txs09:20 UTC — 717 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: 5,120 txs Coverage: 144 blocks · 23.7h 10-20 09:40 UTC → 10-21 09:25 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

0.6 million outputs, by purpose

The TxBlaster service produced 16.2% of transactions, posting paired payment and data-publication outputs continuously. The breakdown below isolates the remaining 83.8% 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 · 16.2%
83.8%
8,830 tx 45,530 tx · all other
Excluding TxBlaster3 · 543,167 outputs
Payment 92.8% 504,090
P2PKH 503,564 · P2PK 513 · Multisig 13
Data Publication 5.1% 27,598
OP_RETURN 20,740 · Ordinal envelopes 6,725 · Spendable metadata 133
Contracts & Tokens 2.11% 11,479
STAS Gen 3: 2,645 · Custom locking: 8,834 · 14 unique structures

Of 39,077 non-payment outputs in this window, 53.1% were prunable (OP_RETURN) and 46.9% 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 20,740Spendable metadata 133Ordinal envelope 6,725STAS Gen 3 2,645Custom locking 8,834
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 16% 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. 14 unique structures observed today across 11,479 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 8,1941Sat-Ordinal 6,726AIP 4,965Metanet4 2,198B:// 2,188BSV-21 266STAS 38BAP 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
application/op-ns 6,210text/markdown 1,785application/bsv-20 266text/plain 183image/jpeg 148image/webp 133application/json 50image/png 45
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

130 SHIP endpoints · 150 SLAP endpoints

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

SHIP · intake side
130endpoints
across 92 topic managers
SLAP · query side
150endpoints
across 90 lookup services
Top topic managers · SHIP (of 92)
tm_uhrp 16tm_template 15tm_plite 11tm_identity 10tm_users 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)
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 2026-10-21 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.

№ 10 Identifiable Activity

Applications and tokens with recognizable fingerprints

Twetch led identifiable activity at 4,430 transactions. Most chain activity carries no such identifier; the names below are services whose on-chain shape is recognizable from prior analysis.

Twetch 4,430AIRCHIVE 4,216TreeChat 1,145Indelible 922dxs 626OYO 3183D Ordi 36memo.cash 28ButterCup 20BSV Live Master 19MNEE 15mintBlue 8BSV Feed/View 3
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

Standard Payment (P2PKH)

P2PKH · selected from 503,564 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 8953ec3d52… Block 971,861 25 script bytes
Opcodes used
DUPHASH160EQUALVERIFYCHECKSIG
Script preview
OP_DUP OP_HASH160 c504fd125e75d6ec06bb9f9daafcc0c84d77c995 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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