# The MEV Letter #46

**URL:** https://collective.flashbots.net/t/the-mev-letter-46/3655
**Category:** The Flashbots Ship
**Tags:** links, the-mev-letter
**Created:** [July 9, 2024, 9:38pm UTC](https://collective.flashbots.net/t/the-mev-letter-46/3655 "2024-07-09T21:38:56Z")
**Posts on this page:** 1
**Page:** 1

<div class="post-metadata">

### Author: ![Fred](https://collective.flashbots.net/user_avatar/collective.flashbots.net/fred/32/1288_2.png) [@Fred](https://collective.flashbots.net/u/Fred)
#### Post date: [July 9, 2024, 9:38pm UTC](https://collective.flashbots.net/t/the-mev-letter-46/3655/1 "2024-07-09T21:38:56Z")

</div>

_ **The MEV Letter** _ is a weekly collection of papers, articles and resources related to MEV. The intention of this letter is to provide a comprehensive summary of the latest research, discussions, and developments in the space, with links for further reading.

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# Papers & Articles

- [Open sourcing rbuilder](https://writings.flashbots.net/open-sourcing-rbuilder) by [Flahbots](https://www.flashbots.net/) announces [rbuilder](https://github.com/flashbots/rbuilder) as a blazingly fast, open-source block builder written in Rust.
  - [Thread](https://x.com/SheaKetsdever/status/1808509432570986787) by @shea
  - [Post](https://x.com/metachris/status/1808511519396626795) by @metachris

- [Preconfirmations under the NO lens](https://ethresear.ch/t/preconfirmations-under-the-no-lens/19975) by[Umberto Natale](https://twitter.com/umb_nat) analyzes the complexity of implementing preconfirmations in Ethereum’s PBS framework and the impact on builders and searchers.
  - [Thread](https://x.com/umb_nat/status/1809162566167335346) by[Umberto Natale](https://twitter.com/umb_nat)

- [MEV resistant dynamic pricing auction of execution proposal rights](https://ethresear.ch/t/mev-resistant-dynamic-pricing-auction-of-execution-proposal-rights/20024) by[Anders Elowsson](https://x.com/weboftrees) presents an alternative auction mechanism for selling execution proposal rights in advance.
  - [Thread](https://x.com/weboftrees/status/1810637896468050299) by[Anders Elowsson](https://x.com/weboftrees)

- ​​[Maximum Viable Security: A New Framing for Ethereum Issuance](https://ethresear.ch/t/maximum-viable-security-a-new-framing-for-ethereum-issuance/19992) by [Artem](http://x.com/artofkot), @McNut, [Sonya Kim](http://x.com/sonyasunkim) and [adcv\_](http://x.com/adcv_) presents Maximum Viable Security (MVS) as an alternative monetary policy for Ethereum, and argues that _security_ should be prioritized over scarcity.
  - [Thread](https://x.com/artofkot/status/1809853825458508222) by [Artem](http://x.com/artofkot)

- [Leaderless and Leader-Based Preconfirmations](https://ethresear.ch/t/leaderless-and-leader-based-preconfirmations/19971) by [Christian Matt](https://twitter.com/ccpamatt) and [Murat Akdeniz](https://twitter.com/MuratLite) explores leader-based and leaderless preconfirmations, their trade-offs, and potential combinations.
- [Deep Diving Attestations - A quantitative analysis](https://ethresear.ch/t/deep-diving-attestations-a-quantitative-analysis/20020) by [Toni Wahrstätter](https://toniwahrstaetter.com/) analyzes attestations and the impact of MEV-Boost, CL-clients, timing games, blobs, and more.
- [Intel TDX Security and Side Channels](https://collective.flashbots.net/t/intel-tdx-security-and-side-channels/3648) by @PradyumnaShome details a selection of security concerns with TDX and their implications.
- [Autonomous TEE Manifesto](https://poeticte.ch/posts/autonomous-TEEs-manifesto.html) by [Poetic Technologies](https://poeticte.ch/) shares a vision of an open-source software and hardware architecture for confidential computation, particularly TEEs.
  - [Post](https://x.com/poetictechug/status/1810280669240533303) by [Poetic Technologies](https://poeticte.ch/)

- [Drawbacks In FHE Blockchain And How SGX Can Help It](https://collective.flashbots.net/t/drawbacks-in-fhe-blockchain-and-how-sgx-can-help-it/3642) by @tolak describes how using FHE and TEEs can improve key security, encryption validity, and computation validity.
- [Execution Consensus Separation](https://ethresear.ch/t/execution-consensus-separation/19964) by [Max Resnick](https://x.com/MaxResnick1) outlines changes to Ethereum’s execution, consensus, and application layer to reduce MEV and improve censorship resistance.
  - [Thread](https://x.com/MaxResnick1/status/1808590427030978728) by [Max Resnick](https://x.com/MaxResnick1)

# Posts & Threads

- @shea published a [thread](https://x.com/SheaKetsdever/status/1810680518360314190) to announce that gas refunds are now available on all transactions sent to Flashbots Protect and builder.
- [Barnabé Monnot](https://barnabemonnot.com/) published a [thread](https://x.com/barnabemonnot/status/1808444733305258047) that revisits the idea of [Proposer suffixes](https://ethresear.ch/t/how-much-can-we-constrain-builders-without-bringing-back-heavy-burdens-to-proposers/13808?u=barnabe) by [Vitalik Buterin](https://vitalik.eth.limo/) through the lens of APS and IL constructions.
- [Matt Cutler](https://x.com/mcutler) published a [thread](https://x.com/mcutler/status/1808281859463565361?s=52) to highlight that private transactions on Ethereum have surpassed 30%, and the trends seem to be accelerating.
  - [Post](https://x.com/sui414/status/1808368067577356465) by @sui414

- [Tariz](https://x.com/Hyunxukee) published a [post](https://x.com/hyunxukee/status/1810397316706075083) that details how implementing PBS in rollups could serve as an economic incentive for decentralization.

# Talks & Discussions

- [ePBS Breakout room #4](https://www.youtube.com/watch?v=WC9XsungamU) discussed [EIP-7732](https://eips.ethereum.org/EIPS/eip-7732), processing withdrawals as part of the execution payload, PTC equivocations, and more.
  - [Agenda](https://github.com/ethereum/pm/issues/1083) by[Potuz](https://x.com/potuz_eth)
  - [Notes](https://hackmd.io/@ttsao/epbs-breakout4) by [Terence Tsao](https://terencecha.in/)

- [The Rollup](https://x.com/therollupco): [The C.A.K.E Framework, Credible Accounts, and Resource Locks](https://www.youtube.com/watch?v=M_6ilpl97K8) invites [Stephane Gosselin](https://twitter.com/thegostep) to discuss chain abstraction, credible auctions, shared sequencers, MEV, and [OneBalance](https://app.onebalance.io/)
  - [Post](https://x.com/therollupco/status/1808243343480271217) by [The Rollup](https://x.com/therollupco)

- [The Gwart Show: Crypto Market Making](https://youtu.be/lY5HDskxmhE?si=bsqpPw5g9GVAl9JD) invites [Evgeny Gaevoy](https://x.com/EvgenyGaevoy) to discuss market-making, the evolution of DeFi, and [Wintermute](https://www.wintermute.com/).

# Other

- [Flashbots Protect Explorer](https://collective.flashbots.net/t/flashbots-protect-explorer/3652) by @tesa announces an explorer for [Flashbots Protect](https://protect.flashbots.net/) with refund metrics for both projects and individual addresses.
  - [Protect Explorer](https://protect.flashbots.net/explorer) by [Flashbots](https://www.flashbots.net/)

- [EIP-7732: Enshrined Proposer-Builder Separation](https://eips.ethereum.org/EIPS/eip-7732) by [Francesco D’Amato](https://twitter.com/fradamt), [Barnabé Monnot](https://barnabemonnot.com/), [Michael Neuder](https://twitter.com/mikeneuder), [Potuz](https://x.com/potuz_eth), and [Terence Tsao](https://terencecha.in/) separates the Ethereum block in consensus and execution parts, and adds a mechanism for the consensus proposer to choose the execution proposer.
  - [Thread](https://x.com/potuz_eth/status/1808569058045931523) by[Potuz](https://x.com/potuz_eth)
  - [Thread](https://x.com/barnabemonnot/status/1808614158058836254) by[Barnabé Monnot](https://barnabemonnot.com/)
  - [Post](https://x.com/terencechain/status/1808574950808375413) by[Terence Tsao](https://terencecha.in/)
  - [Thread](https://x.com/christine_dkim/status/1809285863001448615) by [Christine Kim](https://x.com/christine_dkim)

- [A map of Ethereum](https://github.com/0xemperor/A-map-of-Ethereum) by [Emperor](https://x.com/0x_emperor) is a collection of resources related to MEV, PBS, censorship resistance, and more.
- [eth\_sendBlobs](https://docs.titanbuilder.xyz/api/eth_sendblobs) by [Titan Builder](https://x.com/titanbuilderxyz) is a new blob mempool feature designed to improve blob inclusion and reduce the likelihood of surging blob fees.
  - [Thread](https://x.com/titanbuilderxyz/status/1809231370243211601) by [Titan Builder](https://x.com/titanbuilderxyz)

# Upcoming events

- **July 8-11** : [EthCC](https://ethcc.io/)by [Ethereum France](https://x.com/Ethereum_France)
- **July 10:** [FHE Summit](https://www.fhesummit.com/)by [FHE Onchain](https://x.com/FHEOnchain)
- **July 10** : [AltLayer Rollup Day](https://lu.ma/ovsa2xjy) by [AltLayer](https://www.altlayer.io/)
- **July 11** : [TEE.salon](https://t.co/BRa9n7vM4L) by [Flashbots](https://www.flashbots.net/)
  - [Post](https://x.com/distributedmarz/status/1810256925461742057) by [dmarz](https://x.com/DistributedMarz)

- **July 11** : [Liquidity.Salon: The State of Onchain Liquidity](https://lu.ma/stateofonchainliquidity) by [Flashbots](https://www.flashbots.net/), [Uniswap Foundation](https://www.uniswapfoundation.org/) and [PropellerHeads](https://www.propellerheads.xyz/)
  - [Thread](https://x.com/PropellerSwap/status/1806306548890911192) by [PropellerHeads](https://www.propellerheads.xyz/)

- **July 11** : [Unaligned Day](https://x.com/ThogardPvP/status/1796189563754369273) by [FastLane Labs](https://x.com/0xFastLane)
  - [Thread](https://x.com/ThogardPvP/status/1796189563754369273) by [Alex Watts](https://x.com/ThogardPvP)
  - [Thread](https://x.com/thogardpvp/status/1798762413455708261) by [Alex Watts](https://x.com/ThogardPvP)

- **July 11-13** : [Modular Summit 3.0](https://modularsummit.dev/) by [Celestia Labs](https://celestia.org/) and [Maven11](https://www.maven11.com/)
- **July 13** : [DarkPool.Design](http://darkpool.design) by [Flashbots](https://www.flashbots.net/), [Uniswap Foundation](https://www.uniswapfoundation.org/) and [PropellerHeads](https://www.propellerheads.xyz/)
  - [Post](https://x.com/distributedmarz/status/1810636206100640171) by [dmarz](https://x.com/DistributedMarz)
  - [Post](https://x.com/0xyager/status/1810639218172928260) by[Reid Yager](https://x.com/0xYager)

- **Aug 6:** [The MEV Workshop at the Science of Blockchain Conference 2024 (MEV SBC ’24)](https://collective.flashbots.net/t/the-mev-workshop-at-the-science-of-blockchain-conference-2024-mev-sbc-24/3527) by[Flashbots](https://www.flashbots.net/)
- **Aug 7-9** : [The Science of Blockchain Conference 2024 (SBC’24)](https://www.sbc-conference.com/) by [IC3](https://www.initc3.org/), [Stanford Center for Blockchain Research](https://cbr.stanford.edu/) and [UC Berkeley RDI](https://rdi.berkeley.edu/).
- **Aug 16-17** : [Frontiers](https://frontiers.paradigm.xyz/) by [Paradigm](https://www.paradigm.xyz/)
  - [Thread](https://x.com/gakonst/status/1797671854150402327) by [Georgios Konstantopoulos](https://x.com/gakonst)

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