Your hatred for heart-healthy veggies might be genetic – SellRegular

If certain vegetables have always made you choke, you may be more than a picky eater. Instead, you may be what scientists call a super-taster, an individual with a genetic predisposition to taste food differently. Unfortunately, being a super-taster does not make everything taste good. It can do exactly the opposite. Super-tasters are exceptionally sensitive to bitterness, a common feature of many dark green, leafy veggies such as cauliflower, broccoli, Brussels sprouts, and cabbage, to name a few.

The individual who has that genetic propensity gets more of the sulfur flavor of, say, Brussels sprouts, especially if theyve been overcooked, as stated by Professor Valerie Duffy of the University of Connecticut, an expert in the study of food taste, consumption and preference. So that bitter vegetable is disliked, and because people oversimplify, soon all vegetables are disliked, Duffy further added. If you ask people, do you like vegetables? They dont usually say, Oh yes, I dont like this, but I like these others. People tend to either like vegetables, or they dont like it completely. People with the bitter gene are 2.5 times more prone to eating fewer vegetables than people who do not have that gene, as per recent research presented recently at the annual meeting of the American Heart Association. We wanted to know if genetics affected the capability of people who require to eat heart-healthy foods from eating them, as stated by study author Jennifer Smith, a registered nurse who is a postdoc in cardiovascular science at the University of Kentucky School of Medicine. While we didnt see any results in gene type for sodium, saturated fat or sugar, we did see a difference in vegetables, Smith said, adding that individuals with the gene tasted a ruin-your-day level of bitterness.

Food scientists are trying to develop ways to decrease the bitterness in veggies, in the hopes that we can keep another generation of super-tasters from rejecting vegetables. Theres been some level of success. In fact, the Brussels sprouts we eat today are much sweeter as compared to those our parents or grandparents ate. Dutch growers in the 90s searched their seed archives for older, less bitter varieties, and then cross-pollinated them with todays high-yielding varieties.

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Your hatred for heart-healthy veggies might be genetic - SellRegular

Your hatred of heart-healthy veggies could be genetic – LocalNews8.com

Super-tasters are extremely sensitive to bitterness, a common characteristic of many dark green, leafy veggies such as broccoli, cauliflower, cabbage and Brussels sprouts, to name a few. Super-tasters are extremely sensitive to bitterness, a common characteristic of many dark green, leafy veggies such as broccoli, cauliflower, cabbage and Brussels sprouts, to name a few. Related stories

ATLANTA - If certain vegetables have always made you gag, you may be more than a picky eater. Instead, you might be what scientists call a "super-taster:" a person with a genetic predisposition to taste food differently.

Unfortunately, being a super-taster doesn't make everything taste better. In fact, it can do the opposite.

Super-tasters are extremely sensitive to bitterness, a common characteristic of many dark green, leafy veggies such as broccoli, cauliflower, cabbage and Brussels sprouts, to name a few.

"The person who has that genetic propensity gets more of the sulfur flavor of, say, Brussels sprouts, especially if they've been overcooked," said University of Connecticut professor Valerie Duffy, an expert in the study of food taste, preference and consumption.

"So that [bitter] vegetable is disliked, and because people generalize, soon all vegetables are disliked," Duffy said. "If you ask people, 'Do you like vegetables?' They don't usually say, 'Oh yeah, I don't like this, but I like these others.' People tend to either like vegetables or not."

In fact, people with the "bitter gene" are 2.6 times more likely to eat fewer vegetables than people who do not have that gene, according to a new study presented Monday at the annual meeting of the American Heart Association.

"We wanted to know if genetics affected the ability of people who need to eat heart-healthy foods from eating them," said study author Jennifer Smith, a registered nurse who is a postdoc in cardiovascular science at the University of Kentucky School of Medicine.

"While we didn't see results in gene type for sodium, sugar or saturated fat, we did see a difference in vegetables," Smith said, adding that people with the gene tasted "a 'ruin-your-day' level of bitterness."

Our sense of taste relies on much more than a gene or two. Receptors on our taste buds are primed to respond to five basic flavors: salty, sweet, sour, bitter and umami, which is a savory flavor created by an amino acid called glutamate (think of mushrooms, soy sauce, broth and aged cheeses).

"But it's also smelling through the mouth and the touch, texture and temperature of the food," Duffy said. "It's very difficult to separate out taste from the rest. So when any of us say the food tastes good, it's a composite sensation that we're reacting to."

Even our saliva can enter the mix, creating unique ways to experience food.

"When we come to the table, we don't perceive the food flavor or the taste of food equally," Duffy said. "Some people live in a pastel food world versus others who might live in a more vibrant, neon food world. It could explain some of the differences in our food preference."

While there are more than 25 different taste receptors in our mouth, one in particular has been highly researched: the TAS2R38, which has two variants called AVI and PAV.

About 50% of us inherent one of each, and while we can taste bitter and sweet, we are not especially sensitive to bitter foods.

Another 25% of us are called "non-tasters" because we received two copies of AVI. Non-tasters aren't at all sensitive to bitterness; in fact food might actually be perceived as a bit sweeter.

The last 25% of us have two copies of PAV, which creates the extreme sensitivity to the bitterness some plants develop to keep animals from eating them.

When it comes to bitterness in the veggie family, the worst offenders tend to be cruciferous vegetables, such as broccoli, kale, bok choy, arugula, watercress, collards and cauliflower.

That's too bad, because they are also full of fiber, low in calories and are nutrient powerhouses. They're packed with vitamins A and C and what's called phytonutrients, which are compounds that may help to lower inflammation.

Rejecting cruciferous or any type of vegetable is a problem for the growing waistline and health of America.

"As we age as a population, vegetables are very important for helping us maintain our weight, providing all those wonderful nutrients to help us maintain our immune system and lower inflammation to prevent cancer, heart disease and more," Duffy said.

Food scientists are trying to develop ways to reduce the bitterness in veggies, in the hopes we can keep another generation of super-tasters from rejecting vegetables.

There's been some success. In fact, the Brussels sprouts we eat today are much sweeter than those our parents or grandparents ate. Dutch growers in the 90s searched their seed archives for older, less bitter varieties, then cross-pollinated them with today's higher yielding varieties.

People who already reject vegetables might try to use various cooking methods that can mask the bitter taste.

"Just because somebody carries the two copies of the bitter gene doesn't mean that they can't enjoy vegetables," Duffy said. "Cooking techniques such as adding a little fat, a little bit of sweetness, strong flavors like garlic or roasting them in the oven, which brings out natural sweetness, can all enhance the overall flavor or taste of the vegetable and block the bitterness."

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Your hatred of heart-healthy veggies could be genetic - LocalNews8.com

Who are the Main People in Bitcoin? – BlockPublisher

Despite the multiple negative thoughts surrounding Bitcoin, there is an equally large number of huge personalities and brilliant minds behind it and, even now, developing it and working for it to reach even greater heights.

Pieter Wuille is a developer who joined the Bitcoin team in May 2011. He has made over 650 commits to the Bitcoin source code over on Github.

Barry Silbert is one of Bitcoins most active investors. He is the founder of the Digital Currency Group, a company focused on developing the Bitcoin infrastructure and environment. They do this by helping investing companies to grow and invest, as well as helping multiple other companies in their startup phase.

Roger Ver is claimed and credited to be one of the first people to ever invest in a Bitcoin startup. He, almost singlehandedly, was behind the takeoff of the first generation of Bitcoin. Called Bitcoin Jesus by some, he adamantly believes that Bitcoin technology is one of the best suited for the idea that all transactions should be done through mutual human consent.

Andreas Antonopoulos is a man who decided to make Bitcoin more understandable for the average Joe. He is an engaging public speaker, and has, on multiple occasions, made a large number of speeches aimed to ease the public into the realm of cryptocurrencies. He is also the author of Mastering Bitcoin, a guide toward understanding the crypto.

Some of the other people who have a huge hand in Bitcoin take their part through their donations. Some of the largest contributors to the Bitcoin cause are:

The Winklevoss Twins consisting of Tyler and Cameron Winklevoss invested over $11 million in Bitcoin back in 2013.

Tony Gallippi is the founder and chairman of Bitpay, the leading predecessor of Bitcoin. He is said to have invested around $20 million into the crypto.

The biggest and most influential personality in Bitcoin is obviously Satoshi Nakamoto, the original developer or team of developers behind Bitcoin. Some developers estimate the holdings of Nakamoto to be around 1 million Bitcoin.

It is thanks to all of these people that Bitcoin has reached the height that it has now. They are certainly men and women of the future and will pave the way to the future of transactions and commerce.

This post was last modified on November 16, 2019 11:08 pm

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Who are the Main People in Bitcoin? - BlockPublisher

The origins of Bitcoin: BTC deviates from Bitcoin protocol – CoinGeek

This series looks back on the history of Bitcoin. Read parts one, two, three, four, five,six, seven, and eight.

Bitcoin may be 11 years old, but it wasnt really until the major price explosion of 2017 that global interest truly began. Media outlets hyped the price increases as BTC went from $100 to almost $20,000, and there was suddenly a spike in global interest of using cryptocurrency as an investment vehicle, a solution for which it was never intended. At the very least, the attention brought digital currency more mainstream, which has helped it to grow and be better understood, and regulated, for what it truly is.

2017 saw one of the biggest jumps in acceptance of crypto as a form of payment. Japan led the way at the time, seeing the number of ecommerce retailers willing to receive crypto payments increase over 4.5 times from the level seen a year earlier. BitPay reported that the number of transactions it saw climbed 200% in a year, adding that crypto was being found more as a means of conducting business-to-business supply chain payments.

Norway and Japan both began to recognize the legitimacy of Bitcoin in 2017, with both countries acknowledging its capabilities as a form of payment. Russia joined, as well; however, that decision has now been tossed out the window as the country later took a hardline approach against digital currencies.

By June 2017, BTCs price had increased to $3,000 and people began to wonder where everything would go from there. Suddenly, everyone became a crypto expert, commentator and analyst. Several pundits began to report that the levels would reach as much as $100,000. While the year-end price was astronomical compared to January prices, the exorbitant prices were never realized.

The following month (July), saw transaction fees periodically spiking into the three-digits, crypto users wanted an alternative that would make exchanging digital assets more affordable. BTC was already suffering from its inability to recognize how large block sizes could work on the blockchain and developers werent willing to listen to reason. Because of this, Bitcoin Cash (BCH) was born as a BTC forked off to create a new protocol, but even this wasnt an ideal solution and ultimately resulted in the second death of Bitcoin.

Bitcoin Cash developers removed the superimposed hard cap that the Bitcoin Core team had implemented, raising the block size from 2MB to 8MB and consequently increasing the block cap to 32MB in the coming months. However, since the increase there were still debates on the speed in which to scale Bitcoin and achieve the true vision laid out by Satoshi a decade before. Opinions of some BCH influencers at the time, namely Roger Ver and Jihan Wu, had an anarchist view of Bitcoin, one that was decentralized from government and completely anti-regulation to suggest that people should be able to use the cryptocurrency to buy whatever they wanted.

With the crypto market as a whole now seemingly out of control, regulators began to clamp down. Across the world, financial regulators began putting checks in place that would help the ecosystem shed its Wild West image, led by South Korea, Japan and others. These measures helped weed out many of the questionable operations that were running rampant, and help bring a level of civility to the space. No longer would it be possible to maintain an anything goes attitude or business modelcompanies would have to develop their plans in accordance with financial rules and regulations, just like Satoshi had always intended since he first released the Bitcoin whitepaper.

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Youve heard of CRISPR, now meet its newer, savvier cousin CRISPR Prime – TechCrunch

CRISPR, the revolutionary ability to snip out and alter genes with scissor-like precision, has exploded in popularity over the last few years and is generally seen as the standalone wizard of modern gene-editing. However, its not a perfect system, sometimes cutting at the wrong place, not working as intended and leaving scientists scratching their heads. Well, now theres a new, more exacting upgrade to CRISPR called Prime, with the ability to, in theory, snip out more than 90 percent of all genetic diseases.

Just what is this new method and how does it work? We turned to IEEE fellow, biomedical researcher and dean of graduate education at Tuft Universitys school of engineering Karen Panetta for an explanation.

CRISPR is a powerful genome editor. It utilizes an enzyme called Cas9 that uses an RNA molecule as a guide to navigate to its target DNA. It then edits or modifies the DNA, which can deactivate genes or insert a desired sequence to achieve a behavior. Currently, we are most familiar with the application of genetically modified crops that are resistant to disease.

However, its most promising application is to genetically modify cells to overcome genetic defects or its potential to conquer diseases like cancer.

Some applications of genome editing technology include:

Of course, as with every technology, CRISPR isnt perfect. It works by cutting the double-stranded DNA at precise locations in the genome. When the cells natural repair process takes over, it can cause damage or, in the case where the modified DNA is inserted at the cut site, it can create unwanted off-target mutations.

Some genetic disorders are known to mutate specific DNA bases, so having the ability to edit these bases would be enormously beneficial in terms of overcoming many genetic disorders. However, CRISPR is not well suited for intentionally introducing specific DNA bases, the As, Cs, Ts, and Gs that make up the double helix.

Prime editing was intended to overcome this disadvantage, as well as other limitations of CRISPR.

Prime editing can do multi-letter base-editing, which could tackle fatal genetic disorders such as Tay-Sachs, which is caused by a mutation of four DNA letters.

Its also more precise. I view this as analogous to the precision lasers brought to surgery versus using a hand-held scalpel. It minimized damage, so the healing process was more efficient.

Prime editing can insert, modify or delete individual DNA letters; it can also insert a sequence of multiple letters into a genome with minimal damage to DNA strands.

Imagine being able to prevent cancer and/or hereditary diseases, like breast cancer, from ever occurring by editing out the genes that are makers for cancer. Cancer treatments are usually long, debilitating processes that physically and emotionally drain patients. It also devastates patients loved ones who must endure watching helpless on the sidelines as the patient battles to survive.

Editing out genetic disorders and/or hereditary diseases to prevent them from ever coming to fruition could also have an enormous impact on reducing the costs of healthcare, effectively helping redefine methods of medical treatment.

It could change lives so that long-term disability care for diseases like Alzheimers and special needs education costs could be significantly reduced or never needed.

Scientists recognized CRISPRs ability to prevent bacteria from infecting more cells and the natural repair mechanism that it initiates after damage occurs, thus having the capacity to halt bacterial infections via genome editing. Essentially, it showed adaptive immunity capabilities.

Its already out there! It has been used for treating sickle-cell anemia and in human embryos to prevent HIV infections from being transmitted to offspring of HIV parents.

IEEE Engineers, like myself, are always seeking to take the fundamental science and expand it beyond the petri dish to benefit humanity.

In the short term, I think that Prime editing will help generate the type of fetal like cells that are needed to help patients recover and heal as well as developing new vaccines against deadly diseases. It will also allow researchers new lower cost alternatives and access to Alzheimers like cells without obtaining them post-mortem.

Also, AI and deep learning is modeled after human neural networks, so the process of genome editing could potentially help inform and influence new computer algorithms for self-diagnosis and repair, which will become an important aspect of future autonomous systems.

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Youve heard of CRISPR, now meet its newer, savvier cousin CRISPR Prime - TechCrunch

Dwindling tropical rainforests mean lost medicines yet to be discovered in their plants – The Conversation US

Growing up in Tanzania, I knew that fruit trees were useful. Climbing a mango tree to pick a fruit was a common thing to do when I was hungry, even though at times there were unintended consequences. My failure to resist consuming unripened fruit, for example, caused my stomach to hurt. With such incidents becoming frequent, it was helpful to learn from my mother that consuming the leaves of a particular plant helped alleviate my stomach pain.

This lesson helped me appreciate the medicinal value of plants. However, I also witnessed my family and neighboring farmers clearing the land by slashing and burning unwanted trees and shrubs, seemingly unaware of their medicinal value, to create space for food crops.

But this lack of appreciation for the medicinal value of plants extends beyond my childhood community. As fires continue to burn in the Amazon and land is cleared for agriculture, most of the concerns have focused on the drop in global oxygen production if swaths of the forests disappear. But Im also worried about the loss of potential medicines that are plentiful in forests and have not yet been discovered. Plants and humans also share many genes, so it may be possible to test various medicines in plants, providing a new strategy for drug testing.

As a plant physiologist, I am interested in plant biodiversity because of the potential to develop more resilient and nutritious crops. I am also interested in plant biodiversity because of its contribution to human health. About 80% of the world population relies on compounds derived from plants for medicines to treat various ailments, such as malaria and cancer, and to suppress pain.

One of the greatest challenges in fighting diseases is the emergence of drug resistance that renders treatment ineffective. Physicians have observed drug resistance in the fight against malaria, cancer, tuberculosis and fungal infections. It is likely that drug resistance will emerge with other diseases, forcing researchers to find new medicines.

Plants are a rich source of new and diverse compounds that may prove to have medicinal properties or serve as building blocks for new drugs. And, as tropical rainforests are the largest reservoir of diverse species of plants, preserving biodiversity in tropical forests is important to ensure the supply of medicines of the future.

The goal of my own research is to understand how plants control the production of biochemical compounds called sterols. Humans produce one sterol, called cholesterol, which has functions including formation of testosterone and progesterone - hormones essential for normal body function. By contrast, plants produce a diverse array of sterols, including sitosterol, stigmasterol, campesterol, and cholesterol. These sterols are used for plant growth and defense against stress but also serve as precursors to medicinal compounds such as those found in the Indian Ayurvedic medicinal plant, ashwagandha.

Humans produce cholesterol through a string of genes, and some of these genes produce proteins that are the target of medicines for treating high cholesterol. Plants also use this collection of genes to make their sterols. In fact, the sterol production systems in plants and humans are so similar that medicines used to treat high cholesterol in people also block sterol production in plant cells.

I am fascinated by the similarities between how humans and plants manufacture sterols, because identifying new medicines that block sterol production in plants might lead to medicines to treat high cholesterol in humans.

An example of a gene with medical implications that is present in both plants and humans is NPC1, which controls the transport of cholesterol. However, the protein made by the NPC1 gene is also the doorway through which the Ebola virus infects cells. Since plants contain NPC1 genes, they represent potential systems for developing and testing new medicines to block Ebola.

This will involve identifying new chemical compounds that interfere with plant NPC1. This can be done by extracting chemical compounds from plants and testing whether they can effectively prevent the Ebola virus from infecting cells.

There are many conditions that might benefit from plant research, including high cholesterol, cancer and even infectious diseases such as Ebola, all of which have significant global impact. To treat high cholesterol, medicines called statins are used. Statins may also help to fight cancer. However, not all patients tolerate statins, which means that alternative therapies must be developed.

The need for new medicines to combat heart disease and cancer is dire. A rich and diverse source of chemicals can be found in natural plant products. With knowledge of genes and enzymes that make medicinal compounds in native plant species, scientists can apply genetic engineering approaches to increase their production in a sustainable manner.

Tropical rainforests house vast biodiversity of plants, but this diversity faces significant threat from human activity.

To help students in my genetics and biotechnology class appreciate the value of plants in medical research, I refer to findings from my research on plant sterols. My goal is to help them recognize that many cellular processes are similar between plants and humans. My hope is that, by learning that plants and animals share similar genes and metabolic pathways with health implications, my students will value plants as a source of medicines and become advocates for preservation of plant biodiversity.

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Genomic Predictions’ DNA test for embryos claims it can predict diseases and alert parents – Screen Shot

Genomic Predictions DNA test for embryos claims it can predict diseases and alert parents

A New Jersey-based startup developed what it claims to be a genetic test capable of predicting a number of common diseases in embryos. The company, called Genomic Predictions, has been approached by dozens of parents-to-be from across the world in hopes of having the start-up help them weed out embryos more inclined to develop certain diseases later in life, such as cancer and diabetes. Although Genomic Predictions new test is in its infancy, the company has already come under fire by many in the academic and scientific communities, with some depicting the test as both impractical and unethical.

Genomic Predictions has been around for several years now, using various computing technologies, AI and machine learning to research genomes and discover novel ways of predicting phenotypes. Weve always thought that one of the best and earliest applications of this would be embryo selection because we can help families have a healthy child, said Stephen Hsu, the companys co-founder, in an interview for GEN.

Last month, Genomic Predictions finally unveiled a test which it claims can utilise DNA data to predict the likelihood of embryos from an IVF procedure to develop any of 11 types of diseases. As reported by MIT Review, the test, called LifeView, will measure IVF embryos DNA from hundreds of thousands of genetic positions and generate estimates regarding chances of having diseases such as diabetes, heart attacks, and five types of cancer. The test would also alert parents about how likely it is that their child will end up among the shortest 2 per cent of the population or the lowest 2 per cent in intelligence.

Genomic Predictions then hands parents report cards containing the testing results for each embryo so they could implant the ones they deem to be the healthiest out of the batch.

So far, the company reported that 12 clinics around the worldin Nigeria, Peru, Thailand, Taiwan, and the USwill order its new test. The few interested clients are mostly well-off professionals wanting to reduce their childs risk of having diseases that may run in the family. Genomic Predictions first set of clients, for instance, is a gay couple undergoing IVF with a surrogate mother who want to ensure their child wont have breast cancer. Another couple, who have two children with autism, want their third child to be neuro-typical; something they hope the LifeView test could help them achieve.

For the most part, however, clinics are extremely hesitant about ordering this new test, as many scientific experts and researchers voiced harsh criticism of it. It is irresponsible to suggest that the science is at the point where we could reliably predict which embryo to select to minimize the risk of disease. The science simply isnt there yet, tweeted Graham Coop, a geneticist at the University of California, Davis. A research by The Hebrew University of Jerusalem also concluded that attempting to predict the height and intelligence of an embryo is pretty much a futile attempt at this point in time. Others, such as Santiago Munne, an embryo testing expert and entrepreneur, suggest that the great uncertainty that comes with this type of testing would be off-putting for many doctors and client as well as a source for potential disappointment.

And lets not forget about the immense psychological strain such a test can place on children who find out theyve been selected out of a pool of embryos in order to be healthy. What if they do end up developing one of these diseases after all this money had been spent?

While a parents urge to do all in their power to prevent their child from being ill is understandable, this genetic selection process sets us on a very slippery slope. It seems that endeavours such as LifeView constitute a mere hop, skip and a jump away from genetically editing babies, and cater to our growing appetite to design what we perceive to be the perfect human. Naturally, we should support the scientific communitys efforts to find cures and solutions to prevent terrible diseases, but is phenotyping the answer? This approach all but ignores the slew of external and environmental factors that heavily impact someones chances of developing such diseases, including diet, lifestyle, stress, and someones mental state. It could be argued that no less attention should be placed on tackling the latter, as opposed to try and manufacture a flawless human being.

So far, tests like LifeView appeal only to couples using IVF, a process that is long, uncertain, invasive and prohibitively expensive. Some at Genomic Prediction, however, contend that IVF will be the future, claiming that even fertile couples would choose to undergo the process in order to reduce the chances of disease in their children. As such technologies proliferate, we must remain critical and alert of their application and the direction in which it takes our society. Crafting the perfect human and labouring to prevent any flaws in our children could cost us a great deal. Much more than an IVF treatment.

Genomic Predictions DNA test for embryos claims it can predict diseases and alert parents

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Reef Life by Callum Roberts review miraculous and threatened – The Guardian

In August of this year, Gail Bradbrook, a co-founder of Extinction Rebellion, called for the widespread ingestion of psychedelic substances to help bring about a transformation in attitudes to the climate crisis and the living world. The proposal may sound far-fetched, but it has some science behind it. Studies show that, in the right setting, psychedelics can not only be effective against addiction and depression but can also help people feel more connected to nature. Yet the living world of tropical coral reefs surpasses in wonder and beauty anything engendered in the human mind by psychedelics. As the evolutionary biologist Leslie Orgel once said, evolution is cleverer than you are. A reef will convince you that it also has a bigger, stranger and subtler imagination.

Most damage of the last couple of decades has been from manageable stresses like pollution, overfishing and development

There are few better guides to the glories of reefs than Callum Roberts. Reef Life is a vibrant memoir of the joys, as well as the grind, of a research career beginning in the 1980s that has spanned a golden age of coral reef science. It is also a fine introduction to the ecology of reefs and the existential threats they now face. Roberts is well equipped for the task. He is chief scientific adviser to Blue Planet II, and has given us two of the best books in the last 15 years about the ecology of the sea and its fate in human hands: An Unnatural History of the Sea and Ocean of Life.

Roberts revels in the details of life on a coral reef. A mantis shrimp, for instance, has a carapace of mottled green edged with a thin red line like the piping on an iced cake. Its eyes, frosted glass balls on blue stalks, marked with a horizontal line like the slot of a helmet visor, give it an almost supernatural power to see linear and circularly polarised light. This book also addresses the major questions regarding human responsibility and possibilities for change. We live at what is probably the zenith of coral reef evolution in hundreds of millions of years in terms of their diversity and productivity, but human action might bring this all to an end within a few generations: It is an extraordinary position that I still grapple with daily to understand.

Coral reefs are, arguably, lifes greatest miracle. Hugely productive ecosystems in nutrient-poor waters, they harbour a quarter of all marine diversity in less than 0.1% of the oceans extent. On a healthy reef, top predators such as sharks are abundant, while life lower down the food chain appears to be scarce a seeming inversion of the pyramid were familiar with on land, where a vast savannah supports a herd of wildebeest, but only a few lions or leopards. (The solution to the apparent paradox is that life at the lower trophic levels on reefs provides abundant resources for predators but turns over very fast.)

Despite their intense vibrancy, reefs are also vulnerable, both to direct human impacts such as overfishing, pollution and insensitive development, and to indirect impacts of the large-scale combustion of fossil fuels, which result in global heating and changes to ocean chemistry. In the past four decades, three pulses of heat have devastated many reefs around the world, including, in 2016 and 2017, the Great Barrier Reef. The risk to their future is unlike anything they have experienced in millions of years.

There is already a rich literature, and to a lesser extent a filmography, on the threats they face and what, if anything, can best protect them. Among the highlights are John Charlie Verons sober and devastating A Reef in Time, the gripping documentary film Chasing Coral, and Coral Whisperers, Irus Bravermans fluent account of 100 or so interviews with leading scientists and conservation managers. Journalists continue to document how the destruction of reefs impacts on the mental health of researchers, who report ecological grief. Roberts is a humorous, determined expert, who has spent more than three decades trying to come to terms with such issues. As his book begins, he is a fresh-faced student assisting in some of the first detailed studies of coral reefs on the Saudi Arabian coast of the Red Sea. Working in harsh conditions, blundering into embarrassing situations and sometimes exposing himself to danger, he is carried forward by thunderclaps of wonder. A few years later, and now a respected marine biologist, he is assessing the aftermath of the huge releases of oil into the Persian Gulf by Saddam Husseins forces as they fled from Kuwait in the first Gulf war. Remarkably, some of the reefs here among the most northern in the world survive, having escaped the tide of pollution.

Further adventures, from the Caribbean to the Maldives and far beyond, follow. In 2013, Roberts is in Australia supporting scientists and environmentalists who are trying to slow and even reverse the impact on the Great Barrier Reef of the development of new port facilities for the export of coal. By this time, scientists are warning that even a relatively small increase in the global average temperature, let alone the 2 Celsius or more that now looks probable, is likely to have a devastating impact on most of the worlds reefs. Roberts finds himself deployed as part of what turns out to be an effective campaign to change minds regarding the proposed coastal development; by 2015 the opposition Labor Party come to power with a promise to protect the reef. It is poignant to read this in 2019, long after Australian voters have returned a government that does not appear to believe that the climate crisis should be a cause for concern.

I dont know a single coral expert who is not haunted by doubt, Roberts writes. It is already possible to glimpse the most dystopian of futures. But, he stresses, there are hopeful strands. It has been found, for example that some corals can survive in hotter and more acidic waters than was previously thought. Further acclimation and adaptation may be possible in some instances. Genetic engineering to make more heat-resistant corals may be feasible, though controversial. But above all, according to Roberts, there is a role for well-managed marine parks. Most coral reef damage of the last couple of decades has been from manageable stresses like pollution, overfishing and development rather than climate change. Where these pressures are reduced, corals and the endless forms of life they support have a fighting chance.

In a moving penultimate chapter, he describes a visit to Palmyra Atoll in the Pacific, the worlds most isolated reef, and currently among its most intact. Palmyra is part of a huge US conservation zone called the Pacific Remote Islands Marine National Monument. Roberts, with his irrepressible warmth and passion, concludes: Now is the time for action, not mourning. There is everything to play for.

Reef Life: An Underwater Memoir by Callum Roberts is published by Profile (16.99) To order a copy go to guardianbookshop.com or call 020-3176 3837. Free UK p&p over 10, online orders only. Phone orders min p&p of 1.99.

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Reef Life by Callum Roberts review miraculous and threatened - The Guardian

Report: What the Ethereum transaction flippening means – Decrypt

A flippening of sorts has happened on the Ethereum blockchain. Data revealed in a Coin Metrics report this week notes that, for the first time, the number of ERC-20 transactions has surpassed the number of transactions done in ETH itself. And as popular as those tokens are, they could be on the verge of giving way to the newer class of non-fungible tokens.

So what does that mean? And why should anyone care?

The surge in transactions involving these types of smart-contract based tokens could be evidence that the Ethereum network itself is at last finding its footing with users, as evidenced by a variety of actual use cases.

The Coin Metrics report, written by analyst Nate Maddrey, borrowed the term flippeninginitially coined to describe the other cryptocurrencies overtaking Bitcoin in valueand applied it to what he termed a transaction flippening on the Ethereum network itself.

Maddrey looked back to the creation of the ERC-20 specification, which allowed Ethereum-compliant tokens to be created. While the ease with which these tokens could be minted contributed to the excesses of the ICO boom, the ERC-20 tokens have also created network valueand spawned an almost unimaginable amount of alt currencies.

In fact, by April of this year, more than 181,00 ERC-20 coins existed on the Ethereum blockchain, according to Investopedia.

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The Coin Metrics report divided those coins into three typesutility tokens, which allow the bearer to get services, such being able to bet in prediction markets via the Gnosis; exchange tokens, such as Binances BNB token (it later moved from Ethereum to the Binance exchanges own blockchain); and everyones favorite, stablecoins, such as Tether and DAI.

Its that last categorystablecoinsthat, since mid-2018, have contributed most to the number of transactions happening on Ethereum, the report said. You probably wont be surprised to learn that Tether is the culprit there. USDT started gaining ground in May and now has over 80% of the share of transaction counts of the top ten tokens, the report said.

Net net, all of these ERC-20-based token transactions have been slowly overtaking ETH-based transactions.

And last week, it finally happened: As of November 10th, ERC-20s had about 303,000 daily transactions vs about 290,000 for ETH, the report said.

But wait! Theres more! Here come the non-fungible tokens!

While ERC-20s have been the dominant type of token up to this point, we may be on the cusp of the rise of ERC-721s, the report predicted. You might know that lovable protocol as the NFT standard, which first captured the crypto worlds imagination with the fabulous Crypto Kitties.

The new, new thing is the collectible digital card-based game, Gods Unchained, which has been a smash hit. Users own their trading cards, which are unique and can be sold on a market, which is part of the games allure. Although still early, Gods Unchained could be an example of a real use case for crypto tokens in gaming, Coin Metrics concluded.

Indeed, after controversy over the game erupted in Hong Kong last month, it sold out its Genesis Card Packand generated around $6.2 million.

Coin Metrics noted that since the beginning of this year, the number of deployed ERC-721 contracts has grown by almost 350%, compared to about 39% and 36% for ERC-21 contracts and non-token contracts, respectively.

Still, Ethereum is not out of the woods. Ever since Crypto Kitties, the blockchain network has struggled to keep pace with demand, and is moving to Ethereum 2.0, which is designed to be faster and more scalable. The Coin Metrics report did not offer an opinion on the bigger question: Is the transactional popularity of stablecoins and NFTs simply a high-class problem to have? Or is it an existential one.

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Report: What the Ethereum transaction flippening means - Decrypt

Will Ether Remain a Commodity After Ethereum 2.0 Upgrade? – The Tokenist

Last updated on November 18, 2019 by Tim Fries

Last week, Commodity Futures Trading Commission (CFTC) Chairman Heath Tarbert shared some insight on ethers legal classification once the Ethereum Networks 2.0 upgrade takes place. Ultimately, Tarbert says the commission is still evaluating ethers future legal status. Some speculate the asset will maintain its commodity status, while others make the case for a security which would make the asset subject to the Securities and Exchange Commissions (SEC) regulations.

When it comes to digital assets powered by blockchain technology, very few have been cleared by regulators from the status of a security. In fact, there have been just two: Bitcoin and ether. The latter constitutes the only digital asset which was funded through an Initial Coin Offering (ICO) and is not a security. The SEC stated the Ethereum Network was sufficiently decentralized to escape the classification and regulatory requirements of a security.

That is, of course, so long as the Ethereum Network does not undergo significant changes. Over the course of the next year however, Ethereum will see perhaps the most significant change a blockchain can experience: a transition in its consensus mechanism.

Currently, Ethereum leverages a Proof-of-Work (PoW) consensus mechanism. Here, high-powered servers, referred to as nodes, compete to solve extremely complex mathematical puzzles in order to validate transactions and approve new blocks. Due to the difficulty involved, the servers have a remarkably high rate of electricity consumption. Due to this, PoW has received a bad reputation for its negative effects on the environment.

Sometime over the next 12 months however, Ethereum will shift to the much more environmentally friendly Proof-of-Stake (PoS) mechanism. The transition has been officially deemed the Ethereum 2.0 upgrade. Under the PoS model, nodes stake blockchain-specific wealth in this case ether (ETH) to vote on and collectively approve new blocks.

Whenever looking at the regulatory status of a digital asset, a variety of factors come into play. These include case-specific facts, circumstances, and economic realities surrounding the asset.

Despite being funded by an ICO which of itself seems to typically constitute a securities offering it was made known that the Ethereum Network was so decentralized that ether did not constitute a security. This shows then that the level of decentralization tied to a blockchain firm can affect its digital assets legal status.

Thats why some say a PoS model will only strengthen ethers classification as a commodity. Under PoW, large mining pools band together to create greater hash power, which is commonly seen as mining centralization. With PoS however, this centralized aspect is eliminated. Ultimately, this could strengthen the argument that ether even after the Ethereum 2.0 upgrade is not a security.

At the same time, the case isnt so clear. With PoS, profits are distributed on a routine basis. They are also distributed based on a validators participation in the network, not on behalf of others which is sometimes the case with PoW.

If PoS is considered a profit-based system, where investors receive a portion of the networks returns, a case for ether as a security could be a concern. If regulators took this path, ether could become a security token and would be subject to the corresponding regulations.

Others argue that the PoS model features similar distribution as seen in PoW, meaning ether will retain its status as a commodity. Importantly, if ether does remain a commodity, the United States may see regulated ether futures trading within the next six months.

As for exactly what will transpire, well have to wait and see. Chairman Tarbert said the CFTCs evaluations are ongoing.

What do you think will happen to ethers regulatory status after the Ethereum 2.0 upgrade? Will it remain a commodity? Let us know what you think in the comments section below.

Image courtesy of the CFTC.

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Will Ether Remain a Commodity After Ethereum 2.0 Upgrade? - The Tokenist

Crypto Expert Says Bitcoin and Ethereum Are ‘Formidable’ Collateral Economies – U.Today

Earlier on Monday, U.Today reported that the Bank of America shut down the bank account of a former PayPal executive and a major venture capitalist in Silicon Valley - Roelof Botha. The latter shared this news on Twitter. The BoA did not provide any solid reasons for this move.

Curiously enough, the Tron founder Justin Sun responded to his tweet, saying that the BoA had taken the same measures against him.

Justin Sun writes on his Twitter page that he had been fired as a customer from the Bank of America after holding an account there for eight years.

When one of the most influential venture capitalists in Silicon Valley, Roelof Botha, shared the news about his bank account being shut down without any solid explanation, assumptions started arriving that this was done because the former PayPal exec may have bought Bitcoin.

Numerous banks these days prohibit their customers from purchasing cryptocurrencies. Indias RBI (Reserve Bank of India) is a good example. Last year, it laid a so-called crypto ban on all businesses dealing with crypto in the country mainly crypto exchanges and forbade banks to provide services to these companies.

The same goes for many large banks in Europe and the US.

Earlier, U.Today reported that despite the negative attitude towards Bitcoin and crypto in general, BOA still embraces blockchain technology. Currently, Bank of America is testing a technology offered by the crypto giant Ripple and has even hired a team lead to run a Ripple project.

Besides, recently Ripple has hired a former BoA executive, Ben Melnicki, as head of regulatory affairs in the US.

This goes in line with many financial institutions strategy of embracing blockchain, not Bitcoin. The same strategy has been adopted by China recently, although many in the crypto community hope that crypto will also be allowed in the end in this country.

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Crypto Expert Says Bitcoin and Ethereum Are 'Formidable' Collateral Economies - U.Today

Analyst Wants to Buy Every Ethereum Dip as Istanbul Hard Fork Nears – newsBTC

Ethereums price action has been closely tracking that of Bitcoins in recent times, which has led it to experience some bearishness overnight as the crypto now nears the lower-$180 region a consistent level of support for ETH.

This near-term bearishness may be short lived, however, as analysts are now noting that each price dip is worthy of being bought, which comes about as ETHs Istanbul hard fork quickly approaches.

At the time of writing, Ethereum is trading down roughly 2% at its current price of $183, which marks a notable retrace from its daily highs of $187 that were set yesterday morning.

ETHs slight sell-off has come about as Bitcoin faces an increasing amount of selling pressure around its current support level of $8,700, which was briefly lost overnight as BTC plunged to under $8,600 before bulls fought back and helped the crypto reclaim $8,700 as support.

Over the past several days and weeks, the lower-$180 region has proven to be a support region for Ethereum, although the crypto currently is close to breaching below this support, which could occur in the near-term if BTC faces any further selling pressure.

This price action also comes concurrently with Ethereums upcoming Istanbul hard fork set to take place on December 4th which is the next step on ETHs journey to being upgraded to Ethereum 2.0.

TraderXO, a popular crypto analyst on Twitter, explained in a recent tweet that he will be buying ETH price dips in the near-term, as long as the crypto continues holding above the key support region that he highlights in the chart seen below.

ETHUSD Any substantial dip is a buy for me. Nothing macro bearish here until price closes below the range lows, he said.

Galaxy, another popular analyst, pointed out in a tweet that this time of the year is typically a volatile one for Ethereum and other cryptos, and he seems to believe that this volatility will favor Ethereums bulls.

That time of the year when $ETH pumps so hard people thinking is going to take over BTC is coming again, he explained while pointing to the chart seen below.

The coming few hours and days may play a large role in determining the cryptocurrencys future trend, as any sustained bullishness in the near-term could help spark the next major uptrend.

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Analyst Wants to Buy Every Ethereum Dip as Istanbul Hard Fork Nears - newsBTC

Ethereum Is More Usable and Functional Than Ever, New Data Shows – BeInCrypto

As Ethereum barrels towards major upgrades in the coming months, people have been leveling all kinds of concerns and complaints towards the World Computer blockchain. However, despite the sentiment that no one is using Ethereum, data recorded from Coinmetrics says otherwise.

Ethereum will soon be moving to a Proof-of-Stake algorithm in order to ups its performance. Some high profile cryptocurrency commentators have called this arouse and a scam and insisted that the project is also falling out of favor.

However, a new post fromCoinmetrics, called The Evolution of Ethereum Tokens, describes how much has changed and grown on the network. It also illustrates how the network is being used as an asset insurance and programmable money network.

In dissecting how Ethereum has evolved in the last two years, Coimetrics begins by pointing out the difference between the network value as opposed to the token value. As a project, the second-highest cryptocurrency in terms of market cap is seeing its value chased down by the aggregate market caps of tokens launched on that platform.

This ratio, referred to as the Network Value to Token Value (NVTV) ratio, as proposed byChris Burniske, is shrinking, which is a good thing for Ethereum.

Another indicator that the network is starting to perform as intended is the recent transaction flippening that is happening more and more often. The report states that historically, aggregate token transaction count has been lower than Ethereums non-token transaction count.

However, in Q3 of this year, a flippening occurred where ERC-20 transaction counts surpassed ETH transaction counts. A lot of this is down to USDT, which started gaining ground in May and now has over 80 percent of the share of transaction counts of the top ten tokens.

The narrative has been for some time now that Ethereum was losing its grip on the World Computer stage. By being rattled at the peak of CryptoKitties to competitors of the magnitude of NEO, Cardano, EOS, and Stellar, Ethereum was supposed to be dying off.

However, the data in many areas points towards a different conclusion. Ethereum certainly has faced a brick wall when it comes to scaling, but this is soon to be addressed in the upcoming upgrade.

Ethereums need to scale could also be indicative of its performance for the network is still rather full despite the abandonment narrative. The final key metric in the Coinmetrics data, as pointed out by Ryan Sean Adams, shows that Ethereum contract calls have grown from a couple thousand to a couple million in less than 2 years. Ethereum is being used for its intended purpose: settlement for programmable money

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Ethereum Is More Usable and Functional Than Ever, New Data Shows - BeInCrypto

Ethereum nears technical breakout level as analysts eye further upside – CryptoSlate

The recent volatility in the crypto markets has led the price action of major altcoins like Ethereum to form a close correlation to that of Bitcoin, which means that the aggregated market has fallen into a bout of sideways trading over the past couple of days.

One popular analyst is now noting that Ethereum is close to confirming a break above a key technical resistance level, which could mean that it will soon incur significant upside that allows it to outperform Bitcoin in the coming weeks and months.

At the time of writing, Ethereum is trading up just under 1 percent at its current price of $185, which marks a slight climb from its daily low of $182 that was set yesterday.

ETHs bulls did attempt to push the cryptocurrency up towards $190 earlier today, leading it as high as $188 before sellers stepped up and forced its price back down to its current levels.

In the near-term, it is probable that $190 will continue to be a level of resistance for the cryptocurrency, as this is the price at which it was rejected on multiple occasions in the time since late-October.

In spite of Ethereums correlation to Bitcoins price action in the short-term, one analyst is now pointing out that ETH unlike Bitcoin close to breaking above its Ichimoku Cloud resistance, which could help catalyze a price rally.

SmokeyXBT a popular cryptocurrency analyst on Twitter spoke about this in a recent tweet while referencing a collection of charts that illuminate just how close Ethereum is to piercing above the Ichimoku Cloud that has been acting as resistance. He bullishly stated:

Prediction: $ETH will outperform Bitcoin for the next couple weeks, maybe months.

Ichimoku clouds are a charting indicator created by Goichi Hosoda, a Japanese trader, that wanted to create a quick and easy way to look at a chart and be able to tell what is going on.

Assuming that Ethereums buyers are able to push it above this resistance level in the near-term, ETH may soon incur an anomalous price rally while the aggregated market continues to consolidate.

Ethereum, currently ranked #2 by market cap, is up 0.71% over the past 24 hours. ETH has a market cap of $20.06B with a 24 hour volume of $7.34B.

Chart by CryptoCompare

Ethereum is up 0.71% over the past 24 hours.

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Cole is a freelance writer based in southern California, where hes an undergraduate at the University of California, Irvine, studying philosophy. He focuses primarily on covering cryptocurrency and blockchain-related news. He owns a non-life-changing sum of Bitcoin and enjoys day trading.

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Disclaimer: Our writers' opinions are solely their own and do not reflect the opinion of CryptoSlate. None of the information you read on CryptoSlate should be taken as investment advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article. Buying and trading cryptocurrencies should be considered a high-risk activity. Please do your own due diligence before taking any action related to content within this article. Finally, CryptoSlate takes no responsibility should you lose money trading cryptocurrencies.

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Ethereum nears technical breakout level as analysts eye further upside - CryptoSlate

Ethereum (ETH) Could Break Higher After Long Consolidation – newsBTC

Ethereum price is trading in a broad range versus the US Dollar and bitcoin. ETH price remains well bid above the $178 support and it could soon make an upward move.

In the past few days, Ethereum consolidated in a broad range above the $180 support against the US Dollar. ETH bears made a few attempts to push the price below the $180 and $178 support levels, but they failed.

Similarly, there was no upside break above the $188 and $190 resistance. Recently, the price revisited the $182 support area and started a fresh increase. It broke the $185 resistance and the 100 hourly simple moving average.

Moreover, there was a spike above the $188 resistance. However, Ethereum failed to surpass the $190 resistance area and it is currently correcting recent gains. It is now trading below the 23.6% Fib retracement level of the upward move from the $182 low to $190 swing high.

At the moment, the price is approaching the $186 level and the 100 hourly simple moving average. Besides, there is a short term ascending channel forming with support near $186 on the hourly chart of ETH/USD.

More importantly, the 50% Fib retracement level of the upward move from the $182 low to $190 swing high is just below the channel support. Therefore, the price could find bids near $185 and continue higher.

On the upside, the $188 and $190 levels are important hurdles for the bulls. A successful close above the $190 level is needed for a bullish continuation. The next key resistances are near $200 and $205.

Conversely, the price could break the channel support and decline below $185. In the mentioned case, the price is likely to revisit the range support area near the $182 level.

Ethereum Price

Looking at the chart, Ethereum price is stuck in a broad range above the $182 and $180 supports. If the bears continue to struggle near $182, the price is likely to start a strong upward move above $190 in the near term.

Hourly MACD The MACD for ETH/USD is slowly losing momentum in the bullish zone.

Hourly RSI The RSI for ETH/USD is currently declining and approaching the 50 level.

Major Support Level $182

Major Resistance Level $190

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Ethereum (ETH) Could Break Higher After Long Consolidation - newsBTC

Blockchain Analytics: How To Use Bitcoin & Ethereum Transactional Data For Actionable Insights – Analytics India Magazine

On a blockchain, two parties can make an immutable and irreversible transaction that is for all time recorded on the ledger to be verified by anyone who likes. As one of the most influential tech investors, Marc Andreessen states the outcome of this technological breakthrough is difficult to exaggerate. The most popular utilisation of blockchain has been the digital currency.

Digital currencies like Bitcoin use decentralised blockchain to record an open and unalterable history of transactions. Vast amounts of transactional data are being generated on the blockchain for various and regularly undisclosed purposes. This makes them a rich and progressively developing wellspring of valuable data, which requires sophisticated analysis due to anonymity. Here, numerous data analytics tools have also are being built dependent on explicitly structured and impromptu design approaches.

Even though public blockchain analytics is a new trend, transactional data has been utilised for credit cards, checks and bank payments for decades. The distinction with crypto and conventional payment data is that the former is made on a specific degree of the obscurity of the parties, but nevertheless recorded on the public blockchain. One of the key contrasts between the two payment frameworks is that any transaction made in traditional payment systems need to go through a third party payment processor. Here, the transaction data includes the names and bank account information of the parties involved.

On the other hand, transactional data on public blockchains like Bitcoin and Ethereum does not contain precise information on sender and receiver IDs. That information is cryptographically represented by the network in the form of blocks and announced for the network to verify. Unlike traditional digital banking, data related to new transactions including wallet addresses and funds can be tracked by anyone using a transactional hash function.

For instance, Bitcoin SHA256 hash function enables you to make a digital footprint for whatever information you put into it. The capacity to hash a long string of transactional data in a short, one-of-a-kind string enables to make a unique identifier for every transaction. This implies that it is conceivable to get data for each and every transaction ever made on Bitcoin, which is basically every data scientists dream.

With analytics, it is conceivable to follow who is purchasing what and paying for specific services utilising cryptocurrency. This is being used for tracking money laundering and illegal funding of criminal activity. Also, for businesses that are working in cryptocurrency services (such as newly created New York Stock Exchange subsidiary Bakkt), one of the critical advantages for analytics is ensuring that the individuals with whom the organisation is working with are genuine and trusted. At present, trust is troublesome as the degree of anonymity in blockchain implies that occasionally even the most fundamental degrees of oversight can be hard to implement for businesses.

There are some critical advantages for law enforcement agencies that rely on blockchain analytics services. Utilising top to bottom investigation of blockchains through the information they can create and pattern recognition over a large number of connections. This way, it is conceivable to recognise anomalies and criminal users. It is what might be compared to credit checks on a credit card, ensuring that the activities are legitimate and certifiable.

Other than transactional data that include monetary relations between addresses, the launch of Ethereum 2.0, which brought programming software to blockchains, has impelled smart contract analysis as a significant analytics development. Here, blockchain investors and analysts are monitoring smart contract transactions, event logs and account holdings. They can make informed decisions based on meaningful real-time metrics based on on-chain activity & analytics.

An issue of analytics with Blockchain is that data composed into records (like levelDB files in Ethereum and .dat files in Bitcoin) on disk which makes querying tedious. But, lately advancement of Blockchain query languages and analytics frameworks are being built. Analytics frameworks enables us to incorporate relevant blockchain data with data from different sources, and organise in a database, either SQL or NoSQL. Companies like Santiment and Chainalysis have also created in-house querying and analytics tools.

In this regard, there are certain companies tracking public blockchain payments using conventional data analytics strategies and attempting to track transactional data so as to make significant bits of actionable insights. CipherTrace, a San Francisco Bay Area-based startup creates analytics tools including anti-money laundering (AML) and digital forensics. The company which recently raised a $15 million round, expressed it is expanding globally and bring new solutions for customers. CipherTrace is known for its quarterly cryptographic money AML reports and profound forensic aptitude, having various worldwide partners as customers, including government organisations, law enforcement specialists/examiners, digital currency exchanges and monetary organisations. Its tools are utilised to enforce AML laws and battle fraud, among other security dangers.

Other examples of analytics companies are Neutrino and Chainalysis which develop tools for law enforcement and banking firms to explore and investigate transactional data on public blockchains. Neutrino offers tools to screen and track not just Bitcoin but also more privacy-focused blockchains that are used by cybercriminals like Monero. In 2017, Neutrino had found that the North Korean hackers behind the WannaCry ransomware cashed out Bitcoin by converting them into Monero coins, based on the analysis it had done on the transactional data.

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Blockchain Analytics: How To Use Bitcoin & Ethereum Transactional Data For Actionable Insights - Analytics India Magazine

Short Of The Century: $15 Ethereum Possible If Monthly Fails To Close Bullish – newsBTC

Ethereum is among the crypto assets still vastly below its former all-time price, with a long way to go before it recovers the lofty prices set back at the height of the crypto hype bubble.

According to one crypto trader, Ethereums downfall may not be complete, and if the current monthly candle cannot close above former support turned resistance, as low as $15 Ethereum may be possible.

Ethereum is a unique crypto asset thats not at all similar to Bitcoin or other payment cryptocurrencies. Instead, Ethereum is designed for smart contracts, allowing developers to code on the protocol and create their own decentralized apps, or even other cryptocurrencies as ERC-20 tokens.

Related Reading | 33 Cent Ethereum and $100 EOS, Whats Going On At One Crypto Exchange?

During Bitcoins meteoric rise and the crypto hype bubble, Ethereum went on its own powerful, parabolic rally, driven largely in part by the initial coin offering boom. As the hype surrounding the emerging crypto market spilled into the mainstream public, investors eager to get in on the ground floor of projects promising to be the next Bitcoin were lured into funding ICOs, and loading up on new, unproven crypto assets that lacked utility or use cases.

In the end, the bubble burst, and initial coin offerings began being targeted by the United States Securities and Exchange Commission, and the trend has all but disappeared completely.

The resulting deflating bubble, not only crushed the hopes and dreams of crypto investors who were sold promise that never materialized into anything, but it also sucked the value out of projects with real value, such as Ethereum itself.

The crypto assets price tumbled from an all-time high of over $1,400 per ETH, to under $100 as its recent bear market low.

However, Ethereums free-fall may not be over, points out one crypto trader, who says that if Ethereum cant close a monthly candle above former support turned resistance, the number two crypto asset by market cap could fall to as low as $15 per ETH.

Ethereum was rejected from monthly resistance at $365, causing the crypto asset to fall back below monthly support at $198.

The crypto asset has spent the last few months trying to get above the critical support level, but thus far has failed to hold. If a third consecutive monthly candle closes below the support turned resistance, the next major monthly supportlevel lies all the way down at $15.

Such a fall from current prices would represent a 99% decline and would be crushing for Ethereum investors who have already watched the price decline as much as 86% from its previous all-time high.

Related Reading | Altcoin Analyst Claims Ethereum Is Overpriced Despite 85% Decline From ATH

If Ethereum does drop to $15, the crypto market would be in dangerous shape. It would also require a 9,500% increase from $15 to return to its previous all-time high.

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Short Of The Century: $15 Ethereum Possible If Monthly Fails To Close Bullish - newsBTC

Altcoins retrace to 2017 levels: why its a critical moment for Ethereum, XRP, et al. – CryptoSlate

Most major altcoins in the likes of Ethereum and XRP have already retraced to 2017 levels. As Bitcoin gears towards a bearish short term trend, investors remain divided on whether altcoins will continue their recovery or begin to see weakened momentum.

In recent weeks, Ethereum, XRP, and other altcoins have demonstrated signs of an extended upside rally, with Ethereum, in particular, maintaining a strong support level at $180.

While technical analysts foresee a pullback for altcoins in the short term, one trader says that the risk to reward ratio for a move up for altcoins is improving, creating a more favorable environment for a rally for Ethereum and XRP. Professional trader Crypto Michael said in a tweet:

Altcoins have fully retraced back to their 2017 and/or 2016 levels. Does that mean that they can go down some more? Yes, however, the R/R with upside potential is getting extremely better from here. Reminder; sentiment switches after price movements, not before.

In the past seven days, across major exchanges, the price of Bitcoin fell from over $9,000 to $8,450, by more than six percent against the U.S. dollar.

In the same period, the price of Ethereum and XRP dropped by around three and five percent respectively.

Altcoins have been performing better than bitcoin as of late because major alternative cryptocurrencies have already fallen by nearly 90 percent since the 2018 peak.

The next several weeks are considered to be a critical period for altcoins as it would decide whether a larger pullback to lower support levels will be tested or the current levels will be solidified as the medium to long term bottom for an extended rally.

According to the Glassnode research team, sentiment around Bitcoin is mixed amongst traders and that BTC is also expected to see a decisive moment.

While traders generally remain optimistic around the performance of altcoins, the amount of deposits to exchanges has declined recently, indicating a lack of appetite for cryptocurrencies at the current price range. The research team said:

Sentiment is mixed as investors wait for the next big BTC price move. This is a deciding moment as the market moves sideways. NUPL helps investors identify when to take profit (blue) & when to reenter (red). BTC exchange deposits and inflows have continued to decline over the last week, indicating low trading appetite from investors.

Based on the token price bubble risk indicator of LongHash, a Singapore-based incubator, Bitcoin is hovering in the overvalued range at 1.2, with 1.5 and higher being a bubble risk.

Ethereum along with other altcoins are in the fair-valued range between -0.5 to 0.5, which may indicate that while altcoins are likely to see a deeper pullback as Bitcoin slips, it will see resistance as it moves below key support levels.

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Altcoins retrace to 2017 levels: why its a critical moment for Ethereum, XRP, et al. - CryptoSlate

Ethereum 2.0s Proof of Stake Could Be Classified as a Security, Says CFTC Chairman – BeInCrypto

In a recent interview with the Commodity and Futures Commission (CFTC), chairman Heath Tarbert cast doubt on Ethereum 2.0s future legal status in regards to U.S. law. The warning is directly related to the block validation planned for the platforms upcoming upgrade.

Tarbert told the audience during the interview that the previously held view that Ethereum is a commodity is now in jeopardy. While the CFTC has no jurisdiction over Ethereums status, the Securities and Exchange Commission (SEC) is carefully analyzing the platforms newest iteration.

While the Proof of Work (PoW) block validation method has been helpful in eliminating SEC scrutiny, the basis for the evaluation of a security, called the Howey Test, has maintained that decentralized mining (e.g. Bitcoin and Ethereum 1.0) prevents them from being considered a security.

However, Proof of Stake (PoS) authentication creates a profit-based system that effectively links owners with returns. Such a system certainly meets the SECs normal classifications of a security.

Just as stock owners receive dividends from profits, the PoS system links the returns from the platform with the line of most staked validators. In this way, it functions far more like a simple security than a decentralized work-for-return model.

Tarberts analysis lines up strongly with the previous analyses done by SEC officials during other probes. The recent cease and desist order filed against the Telegram token sale is just one example where the SEC will not allow token sales when they have the marks of securities.

Nevertheless, it appears that Ethereum is stuck between a rock and a hard place. The complexity of creating a scalable platform for its users has been met with cries for PoS validation.

However, a move to PoS away from PoW would likely result in increased scrutiny from governing bodies. The project appears to be left with the painful choice of loss of users or loss of functionality in the U.S. neither of which is a viable business model.

The damaging scenario could, however, leave room for other blockchain projects to steal market shares from Ethereum. For example, TRON has already been hailed by Udi Wertheimer as the competitor to watch, while EOS and others are waiting in the wings as well.

Regardless of risers or fallers, the current landscape for Ethereum 2.0 is not bright. While cryptocurrencies appear to be here to stay, Vitaliks dream may soon become a nightmare.

Images courtesy of Twitter, Shutterstock.

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Ethereum price analysis: ETH/USD attempts a recovery above $184.00 – FXStreet

Ethereum, now the second-largest digital asset with the current market value of $20 billion, has recovered from the recent low of $177.o5 and hit $184.33 during early Asian hours. At the time of writing, ETH/USD is changing hands at $183.77, mostly unchanged both on a day-to-day basis and since the beginning of Sunday.

On the intraday charts, ETH/USD has moved above SMA50 (Simple Moving Average) 1-hour (currently at $181.20) and attempted a breakthrough above SMA100 1-hour at $183.54; however, the bulls failed to keep up with the upside momentum. We will need to see a sustainable move above this handle for the recovery to gain traction. Once it happens, the next resistance of $185.00 will come into focus. This psychological barrier is strengthened by SMA200 1-hour located on approach.

On the downside, keep an eye on the middle line of 1-hour Bollinger Band at $182.30 and the above-mentioned SMA50 1-hour at $181.20. Once it is out of the way, the sell-off is likely to gain traction with the next focus onpsychological $180.00 and the recent low of $177.05.

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Ethereum price analysis: ETH/USD attempts a recovery above $184.00 - FXStreet