# The MEV Letter #56

**URL:** https://collective.flashbots.net/t/the-mev-letter-56/3863
**Category:** The Flashbots Ship
**Tags:** links, the-mev-letter
**Created:** [September 23, 2024, 8:30pm UTC](https://collective.flashbots.net/t/the-mev-letter-56/3863 "2024-09-23T20:30:44Z")
**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: [September 23, 2024, 8:30pm UTC](https://collective.flashbots.net/t/the-mev-letter-56/3863/1 "2024-09-23T20:30:45Z")

</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

- [Releasing DCAP library v4: A unified interface to verify TEEs on-chain](https://blog.ata.network/releasing-dcap-library-v4-a-unified-interface-to-verify-tees-on-chain-2f27538babb4) by [Automata Network](https://www.ata.network/) announces the release of Automata’s DCAP library v4 for a unified interface that performs verification logic for Intel SGX and TDX directly on-chain.
  - [Thread](https://x.com/AutomataNetwork/status/1836798879213478340) by [Automata Network](https://www.ata.network/)
  - [Thread](https://x.com/socrates1024/status/1836805779115942174) by @socrates1024

- [Espresso Systems and Offchain Labs Publish Decentralized Timeboost Specification](https://medium.com/@espressosys/espresso-systems-and-offchain-labs-publish-decentralized-timeboost-specification-b29ff20c5db8) by [Espresso Systems](https://www.espressosys.com/) details the [specification for Decentralized Timeboost](https://github.com/OffchainLabs/decentralized-timeboost-spec) designed to reduce MEV, and increase censorship-resistance for rollups.
  - [Thread](https://twitter.com/EspressoSys/status/1836437108455833848) by [Espresso Systems](https://www.espressosys.com/)

- [Transaction Ordering Policies & Value Accrual in L2s: Timeboost, OP PGA, Fastlane, and OEV Network](https://members.delphidigital.io/reports/transaction-ordering-policies-value-accrual-in-l2s-timeboost-op-pga-fastlane-oev-network?a=1&utm_source=twitter&utm_medium=social&utm_campaign=TimeboostSP#key-takeaways) by [Delphi Digital](https://delphidigital.io/) explores [Timeboost](https://github.com/OffchainLabs/timeboost-design) on Arbitrum and compares it with other transaction ordering mechanisms like Optimism’s PGA, FastLane on Polygon, and OEV Network by API3.
  - [Forum post](https://forum.arbitrum.foundation/t/transaction-ordering-policies-value-accrual-in-l2s-timeboost-op-pga-fastlane-oev-network-ardc-research-deliverables/26771?u=delphi-digital)by [Delphi Digital](https://delphidigital.io/)
  - [Thread](https://x.com/delphi_digital/status/1836819805640228930) by [Delphi Digital](https://delphidigital.io/)
  - [Thread](https://twitter.com/yusufxzy/status/1836058644166709488) by [Muhammad Yusuf](https://twitter.com/yusufxzy)

- [Trusted Advantage in Slot Auction ePBS](https://ethresear.ch/t/trusted-advantage-in-slot-auction-epbs/20456) by [Julian Ma](https://twitter.com/_julianma) argues that proposers will not be incentivized to use slot auction ePBS as it would reduce their revenue compared to MEV-Boost.
  - [Post](https://twitter.com/_julianma/status/1836735773577453720) by [Julian Ma](https://twitter.com/_julianma)

- [FOCIL Resource Design Considerations](https://ethresear.ch/t/focil-resource-design-considerations/20457) by [Terence Tsao](https://terencecha.in/) details resource considerations of [FOCIL](https://ethresear.ch/t/fork-choice-enforced-inclusion-lists-focil-a-simple-committee-based-inclusion-list-proposal/19870) to ensure its efficiency and security.
  - [Post](https://twitter.com/388024471/status/1836776288628973777) by [Terence Tsao](https://terencecha.in/)

- [Privacy Problems in the P2P Network and What They Tell Us](https://ethresear.ch/t/privacy-problems-in-the-p2p-network-and-what-they-tell-us/20463) by[Lioba Heimbach](https://liobaheimba.ch/),[Yann Vonlanthen](https://yannvonlanthen.com/),[Juan Villacis](https://crypto.unibe.ch/jv/),[Lucianna Kiffer](https://luciannakiffer.com/),[Roger Wattenhofer](https://disco.ethz.ch/) summarizes [their paper](https://arxiv.org/abs/2409.04366) that demonstrated a method to deanonymize Ethereum validators in the P2P network.
- [BeaverBuild’s $476K Profit in 45 Days: Backrunning BananaGun via Jaredfromsubway](https://eigenphi.substack.com/p/beaverbuild-backrun-bananagun-with-jared-earning-476k-profit-in-45-days) by [EigenPhi](https://eigenphi.io/) details how Beaverbuild’s new bot and Jaredfromsubway.eth’s bot share the same calldata, and analyzes their strategies and profits.
- [Pioneering End-to-End Privacy for Intra-Block Commitments](https://mirror.xyz/preconf.eth/iz2J0uTXHhl8DiAkG-VLLwvCp-8qcc_Z7A8_4rU0A3g) by[Bernardo Magri](https://bernardomagri.eu/) and [Christian Matt](https://cmatt.info/) details the two cryptographic primitives that provide privacy and anonymity for bidders and providers in [mev-commit](https://github.com/primev/mev-commit).

# Posts & Threads

- @stephen published a [thread](https://x.com/smlevin11/status/1838218747267481828) exploring two sandwich attacks on large ETH withdrawals from [Contango](https://contango.exchange/).
- [rain&coffee](https://twitter.com/0xRainandCoffee) published a [thread](https://twitter.com/0xRainandCoffee/status/1836806596330160402) to summarize their presentation on orderflow, block bids, and applications specific sequencing.
- @bert published a [post](https://twitter.com/bertcmiller/status/1838313698831618100) to highlight a user [receiving a ~6 ETH refund](https://etherscan.io/tx/0x24d0cee5864095df6fb406a5268bb357f73ae7c711c98a758983f925f7316d4e) by using [Flashbots Protect](https://protect.flashbots.net/).

# Talks & Discussions

- [Indexed Podcast](https://x.com/indexed_pod): [Proposer Timing Game w/ DataAlways: PBS Series](https://www.youtube.com/watch?v=fUnT52NuGuc) invites @dataalways for a presentation on MEV, timing games, and block building.
  - [Post](https://x.com/indexed_pod/status/1837151576320090414) by [Indexed Podcast](https://x.com/indexed_pod)

- [Understanding MEV, Challenges and Solutions](https://www.youtube.com/watch?v=hRvANZd2Q1o) by @fiiiu provides an overview of MEV, its centralizing effects, and relevant regulation and policy.
- [Garbled Circuits and One Time Programs Using Commodity Lockbox](https://www.youtube.com/watch?v=HxzqM_2JwiE) by @socrates1024 details Garbled Circuits and how to use mobile phone Lockboxes to make them non-interactive.
  - [Post](https://x.com/socrates1024/status/1837219035316113687) by @socrates1024

- [Timeboost & Ethical MEV](https://x.com/EntropyAdvisors/status/1837199691596939613) invites [Matt Fiebach](https://x.com/mattfiebach), @bert , [Steven Goldfeder](https://x.com/sgoldfed), and [Ed Felten](https://x.com/EdFelten) to dive into [Timeboost](https://github.com/OffchainLabs/timeboost-design) and its design to reduce MEV and increase censorship-resistance on Arbitrum.
- [The Gwart Show: Citadel, But On-Chain](https://www.youtube.com/watch?v=nHS9QRr9sH8) invites [Ludwig Thouvenin](https://x.com/0xvanbeethoven) to discuss MEV, Uniswap V4, and [Brontes](https://github.com/sorellalabs/brontes).
  - [Post](https://x.com/blockspacepod/status/1835328831319597201) by [Blockspace Media](https://x.com/blockspacepod)

- [Expansion](https://twitter.com/ExpansionPod_): [Rethinking Ethereum’s Block Building: CommitBoost & Pre-Confirmations](https://www.youtube.com/watch?v=rAFFdqEAdj4) invites [Drew Van der Werff](https://x.com/DrewVdW) for a conversation on PBS, censorship resistance, preconfirmations, and [commit-boost](https://github.com/Commit-Boost/).
  - [Post](https://twitter.com/ExpansionPod_/status/1836441795678376089) by [Expansion](https://twitter.com/ExpansionPod_)

- [Bankless](https://www.bankless.com/): [The Ethereum Roadmap is NOT Off Track!](https://www.youtube.com/watch?v=34uqTIPuOjg) invites [Mike Neuder](https://twitter.com/mikeneuder) to discuss [(e)thesis](https://hackmd.io/@mikeneuder/ethesis) and how Ethereum enables strong property rights while expanding economic activity via rollups.
  - [Post](https://x.com/BanklessHQ/status/1838203397469553117) by [Bankless](https://www.bankless.com/)
  - [Post](https://x.com/mikeneuder/status/1838231517882962250) by [Mike Neuder](https://twitter.com/mikeneuder)

- [Distributed Block Building Call #0](https://www.youtube.com/watch?v=fnmZCMWk6xY) hosted by [Dankrad Feist](https://x.com/dankrad) discuss distributed block building and how to ensure local block building remains feasible.
- [The Rollup](https://therollup.co/): [The Based Rollup Stack with Spire Labs](https://www.youtube.com/watch?v=UU8rfPM_Jyw) invites [mteam](https://twitter.com/mteamisloading) to discuss based rollups, composability, and the [The Based Stack](https://github.com/spire-labs/litepaper/blob/main/The%20Based%20Stack%20by%20Spire%20Labs%20-%20Litepaper.pdf).
  - [Post](https://twitter.com/therollupco/status/1836159885383233666) by [The Rollup  
 ](https://therollup.co/)

# Other

- [Stargazing 2: Trustworthy](https://collective.flashbots.net/t/stargazing-2-trustworthy/3851) by @cryptrowanderer explores how SUAVE may direct MEV towards creating a more trustworthy world, encouraging decentralized and meaningful collaboration.
- [Poetic Intents: Seeding the next generation of TEEs.](https://poeticte.ch/posts/poetic-intents.html) by[Poetic Technologies](https://poeticte.ch/) calls for collaboration to develop a trustless, open-source, and tamper-resistant TEE to address the limitations of proprietary alternatives.
  - [Post](https://x.com/PoeticTechUG/status/1836709145778548851) by[Poetic Technologies](https://poeticte.ch/)

- [Constitutional AIP: Proposal to adopt Timeboost, a new transaction ordering policy](https://snapshot.org/#/arbitrumfoundation.eth/proposal/0xffe9bb38228fdaf3d121140856fd2d51c2ca7f8e0d1021c07e791cebb541129a) by [Arbitrum](https://arbitrum.foundation/) has passed, signaling the activation of [Timeboost](https://github.com/OffchainLabs/timeboost-design) for Arbitrum One and Arbitrum Nova with ETH collected in treasury.

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