BSV Intel the signal, daily
Edition 234
Friday · October 23, 2026
BSV Network · 24 hours ending October 23, 09:23 UTC

Edition 234

Edited by Bridget Doran · Scanned 09:35 UTC, October 23 · Blocks 972,158 → 972,301 · 4,156,118 transactions
Largest transaction
$1.29M
73,230 BSV · major tier
Avg block time
9.6min
near schedule
Throughput
51tx/s
peak 639 tx/s
BSV price
$17.65
▼ 1.8% · 24h
№ 01 Chain Health

10 miners, on schedule

10 miners produced today's 144 blocks at an average interval of 9.6 min — on schedule relative to the 10-minute target.

6.3 min
Median interval
half the blocks faster
59
Fast blocks1
under 5 min
383,427 txs
Busiest block
block 972,297
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 · 22.7h
Fast (<5 min) · 59 Normal · 68 Slow (>20 min) · 17
For the technical reader

Block timing. Mean interval 575.3 seconds (9.6 min) over 142 measured intervals across 144 blocks; median 379 seconds (6.3 min). Range 1 s to 3268 s (54.5 min). One sub-3-second interval observed.

Cadence. Average interval 9.6 min — on schedule relative to the 10-minute target. 10 miners produced today's blocks.

Largest block. Block 972,297 at 383,427 transactions, the peak load in the window. Avg tx/block across all 144 blocks was 28,862.

№ 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
9
Caught up → tip
synced to latest block
Versions in use · 11 operators
v0.0.0-20261013192217-9f5d28108 1 · v0.0.0-20261022234608-unknown 1 · v0.0.0-20261023070124-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 972,316). 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

Kryptex led at 33.3%. Distribution within normal range.

Kryptex 33.3%
CUVVE 16.7%
qdlnk 13.2%
taal.com 8.3%
GorillaPool 8.3%
SA100 7.6%
taal.com_Teranode 6.3%
Bitofsin 3.5%
molepool.com 2.1%
zpool.ca 0.7%
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: Kryptex 48, CUVVE 24, qdlnk 19, taal.com 12, GorillaPool 12, SA100 11, taal.com_Teranode 9, Bitofsin 5, molepool.com 3, zpool.ca 1. 144 of 144 blocks identified.

№ 04 Large Transactions

811 transactions of 100 BSV or more

Blocks 972,158–972,301 · 144 blocks, about 24 hours

3 were over 10,000 BSV, a combined ~$2.9 million. Of the 176,185 BSV in the 4 largest, 166,978 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.

3
Major
> 10K BSV
~$176,453+
16
Notable
1K – 10K BSV
~$17,645 – 176,453
792
Significant
100 – 1K BSV
~$1,765 – 17,645
Largest transactions
73,229.74BSV
≈ $1,292,162 727f3da24e…
2 → 2 Neutral
New address1N1bxjC7EUnJ…received 2 BSV · 73,228 BSV back to the sender
73,227.74BSV
≈ $1,292,126 5f1289384b…
2 → 3 Neutral
New address1N1bxjC7EUnJ…received 73 BSV · 73,155 BSV back to the sender
20,595.49BSV
≈ $363,414 198ac3588d…
1 → 2 Neutral
New address1Fx4Jd3S3X6t…received 0.1 BSV · 20,595 BSV back to the sender
9,131.82BSV
≈ $161,134 5c47e6cc4e…
9 → 2 Consolidation
Holder we follow1PwsDBZRNEv6…part of Large holder 11LaXYAZ… · received 9,132 BSV · 0 BSV back to the sender

Also new since March 2: 18USvdN2Mn2M… (2,177 BSV received), 16UtaZ4YH3st… (200 BSV received), 1LzeBbKdauKo… (4 BSV received), and 1 more.

Large holders we follow · 48

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
$17.65
▼ 1.8% over 24h
Throughput, avg
51tx/s
peak 639 tx/s · 10-min window
Avg tx / block28,862
Max tx / block383,427
Total transactions4,156,118
10-min peak383,427
For the technical reader

TPS is computed over the 22.7 hours of the scan window in 10-minute intervals, not per block. The peak is the busiest 10-minute window observed (383,427 transactions, ≈ 639 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 25 hours

4,156,118 transactions mapped to 10-minute windows. The brightest cell is the busiest window of the day.

101316192201040710:00:10:20:30:40:5010:00 UTC — 0 txs10:10 UTC — 0 txs10:20 UTC — 0 txs10:30 UTC — 0 txs10:40 UTC — 6,439 txs10:50 UTC — 6,219 txs11:00 UTC — 0 txs11:10 UTC — 3,354 txs11:20 UTC — 0 txs11:30 UTC — 0 txs11:40 UTC — 0 txs11:50 UTC — 0 txs12:00 UTC — 31,535 txs12:10 UTC — 2,317 txs12:20 UTC — 0 txs12:30 UTC — 25,600 txs12:40 UTC — 0 txs12:50 UTC — 153,574 txs154k13:00 UTC — 123,638 txs13:10 UTC — 0 txs13:20 UTC — 0 txs13:30 UTC — 0 txs13:40 UTC — 212,725 txs213k13:50 UTC — 0 txs14:00 UTC — 0 txs14:10 UTC — 130,270 txs14:20 UTC — 0 txs14:30 UTC — 0 txs14:40 UTC — 177,789 txs178k14:50 UTC — 320,344 txs320k15:00 UTC — 57,204 txs15:10 UTC — 16 txs15:20 UTC — 95,648 txs15:30 UTC — 0 txs15:40 UTC — 0 txs15:50 UTC — 219,814 txs220k16:00 UTC — 46,570 txs16:10 UTC — 21 txs16:20 UTC — 0 txs16:30 UTC — 46 txs16:40 UTC — 333,453 txs333k16:50 UTC — 0 txs17:00 UTC — 32,038 txs17:10 UTC — 16,339 txs17:20 UTC — 0 txs17:30 UTC — 30,610 txs17:40 UTC — 21,504 txs17:50 UTC — 9,014 txs18:00 UTC — 10,067 txs18:10 UTC — 0 txs18:20 UTC — 79,872 txs18:30 UTC — 0 txs18:40 UTC — 0 txs18:50 UTC — 30 txs19:00 UTC — 8 txs19:10 UTC — 0 txs19:20 UTC — 28,209 txs19:30 UTC — 182,049 txs182k19:40 UTC — 0 txs19:50 UTC — 37,513 txs20:00 UTC — 130,969 txs20:10 UTC — 0 txs20:20 UTC — 0 txs20:30 UTC — 0 txs20:40 UTC — 36,309 txs20:50 UTC — 2,574 txs21:00 UTC — 0 txs21:10 UTC — 14,335 txs21:20 UTC — 20 txs21:30 UTC — 13,636 txs21:40 UTC — 0 txs21:50 UTC — 9,261 txs22:00 UTC — 12 txs22:10 UTC — 0 txs22:20 UTC — 24,443 txs22:30 UTC — 0 txs22:40 UTC — 0 txs22:50 UTC — 45 txs23:00 UTC — 5,316 txs23:10 UTC — 271 txs23:20 UTC — 1,460 txs23:30 UTC — 0 txs23:40 UTC — 24,576 txs23:50 UTC — 0 txs00:00 UTC — 1,850 txs00:10 UTC — 85,169 txs00:20 UTC — 55,112 txs00:30 UTC — 0 txs00:40 UTC — 702 txs00:50 UTC — 26 txs01:00 UTC — 16 txs01:10 UTC — 23 txs01:20 UTC — 65,777 txs01:30 UTC — 16 txs01:40 UTC — 0 txs01:50 UTC — 87,791 txs02:00 UTC — 40,859 txs02:10 UTC — 0 txs02:20 UTC — 42,020 txs02:30 UTC — 32 txs02:40 UTC — 66,034 txs02:50 UTC — 8,906 txs03:00 UTC — 13 txs03:10 UTC — 28 txs03:20 UTC — 0 txs03:30 UTC — 37 txs03:40 UTC — 27 txs03:50 UTC — 0 txs04:00 UTC — 55 txs04:10 UTC — 30 txs04:20 UTC — 0 txs04:30 UTC — 37 txs04:40 UTC — 38,821 txs04:50 UTC — 0 txs05:00 UTC — 0 txs05:10 UTC — 2,920 txs05:20 UTC — 0 txs05:30 UTC — 1,050 txs05:40 UTC — 140 txs05:50 UTC — 0 txs06:00 UTC — 32,433 txs06:10 UTC — 0 txs06:20 UTC — 1,195 txs06:30 UTC — 265 txs06:40 UTC — 617 txs06:50 UTC — 334 txs07:00 UTC — 273 txs07:10 UTC — 0 txs07:20 UTC — 34 txs07:30 UTC — 0 txs07:40 UTC — 619 txs07:50 UTC — 321 txs08:00 UTC — 239 txs08:10 UTC — 280,120 txs280k08:20 UTC — 301,537 txs302k08:30 UTC — 0 txs08:40 UTC — 52 txs08:50 UTC — 0 txs09:00 UTC — 383,427 txs383k09:10 UTC — 88 txs09:20 UTC — 17 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: 383,427 txs Coverage: 144 blocks · 22.7h 10-22 10:43 UTC → 10-23 09:23 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

8.8 million outputs, by purpose

The TxBlaster service produced 32.4% of transactions, posting paired payment and data-publication outputs continuously. The breakdown below isolates the remaining 67.6% 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 · 32.4%
67.6%
1,345,171 tx 2,810,947 tx · all other
Excluding TxBlaster3 · 6,123,908 outputs
Payment 86.3% 5,286,416
P2PKH 5,182,307 · P2PK 104,100 · Multisig 9
Data Publication 13.5% 828,247
OP_RETURN 824,433 · Ordinal envelopes 3,626 · Spendable metadata 188
Contracts & Tokens 0.15% 9,245
STAS Gen 3: 2,369 · Custom locking: 6,876 · 12 unique structures

Of 837,492 non-payment outputs in this window, 98.4% were prunable (OP_RETURN) and 1.6% 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 824,433Spendable metadata 188Ordinal envelope 3,626STAS Gen 3 2,369Custom locking 6,876
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 32% 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 9,245 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 325,248AIP 305,2161Sat-Ordinal 3,630B:// 3,424Metanet4 2,165BSV-21 821STAS 45BAP-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 3,040application/op-ns 2,526application/bsv-20 821text/plain 169image/png 129image/webp 126image/jpeg 78application/json 64
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

157 SHIP endpoints · 150 SLAP endpoints

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)
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 2026-10-23 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 314,510 transactions. Most chain activity carries no such identifier; the names below are services whose on-chain shape is recognizable from prior analysis.

Teragun 314,510Twetch 303,904AIRCHIVE 2,703TreeChat 1,608dxs 987Indelible 623OYO 192MNEE 473D Ordi 24memo.cash 17
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

Ordinal Inscription

ORDINAL · selected from 3,626 candidates

Ordinal Inscription with a 5,989-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 eddbfeea10… Block 972,158 5,989 script bytes
Opcodes used (top 16 of 55)
0NOP1PICK9ROLLDROP87654312SPLITNIP
Script preview
68 6a 97dfd76851bf465e8f715593b217714858bbe9570ff3bd5e33840a34e20ff026 02ba79df5f8ae7604a9830f03c7933028186aede0675a16f025dc4f8be8eec0382 1008ce7480da41702918d1ec8e6849ba32b4d65b1e40dc669c31a1e6306b266c OP_0 OP_0 OP_0 OP_0 OP_0 OP_0 OP_0 OP_0 16 OP_NOP OP_1 OP_PICK OP_9 OP_ROLL OP_DROP OP_8 OP_ROLL
Skeleton
68 6a <DATA> <DATA> <DATA> OP_0 OP_0 OP_0 OP_0 OP_0 OP_0 OP_0 OP_0 16 OP_NOP OP_1 OP_PICK OP_9 OP_ROLL OP_DROP OP_8 OP_ROLL OP_8 OP_ROLL OP_8 OP_ROLL OP_8 OP_ROLL OP_8 OP_ROLL OP_8 OP_ROLL OP_8 OP_ROL
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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