# The MEV Letter #69

**URL:** https://collective.flashbots.net/t/the-mev-letter-69/4546
**Category:** The Flashbots Ship
**Tags:** the-mev-letter
**Created:** [January 7, 2025, 6:02pm UTC](https://collective.flashbots.net/t/the-mev-letter-69/4546 "2025-01-07T18:02:56Z")
**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: [January 7, 2025, 6:02pm UTC](https://collective.flashbots.net/t/the-mev-letter-69/4546/1 "2025-01-07T18:02:56Z")

</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

- [Conditional-Recall](https://github.com/jcschlegel/Conditional-Recall/blob/main/Conditional_Recall.pdf) by @Christoph and @sxysun demonstrates how selective forgetting through conditional recall unlocks new mechanism design for information markets, bargaining, and more.
  - [Forum post](https://collective.flashbots.net/t/conditional-recall/4270) by @Christoph
  - [Presentation: Conditional Recall](https://www.youtube.com/watch?v=rO1amHaKH2U) by @Christoph and @sxysun at [Devcon SEA](https://devcon.org/en/)

- [Exploring Sophisticated Execution Proposers for Ethereum](https://ethresear.ch/t/exploring-sophisticated-execution-proposers-for-ethereum/21386) by [Julian Ma](https://twitter.com/_julianma) investigates whether it is possible to unbundle the role of execution block proposer from other validator duties and create a new, specialized class of service providers that fulfills the role of execution proposer.
  - [Post](https://x.com/_julianma/status/1876233873157488687) by [Julian Ma](https://twitter.com/_julianma)

- [Accelerate L2 Interoperability: Update #0](https://notes.ethereum.org/@rudolf/interop-acc) by [Josh Rudolf](https://x.com/rudolf6_) emphasizes the importance of solving L2 interoperability, outlining progress and next steps to enable fast and secure cross-chain communication.
  - [Post](https://x.com/rudolf6_/status/1876023023637332330) by [Josh Rudolf](https://x.com/rudolf6_)

- [Faster block/blob propagation in Ethereum](https://ethresear.ch/t/faster-block-blob-propagation-in-ethereum/21370) by [Potuz](https://x.com/potuz_eth) proposes using [RLNC](https://ieeexplore.ieee.org/document/1228459) to replace Ethereum’s [gossipsub](https://github.com/libp2p/specs) protocol in order to reduce latency, bandwidth, and improve block propagation.
  - [Post](https://x.com/potuz_eth/status/1875308518632571252) by [Potuz](https://x.com/potuz_eth)

- [Ahead-of-Time Block Auctions To Enable Execution Preconfirmations](https://ethresear.ch/t/ahead-of-time-block-auctions-to-enable-execution-preconfirmations/21345) by[Irfan Shaik](https://x.com/i_shaix) discusses execution preconfirmation and approaches for gateway design.
- [Preconfirmation for the Average Joe](https://x.com/ceciliaz030/status/1875558701324759392) by[Ceciliaz\_](https://x.com/ceciliaz030) describes the potential of preconfirmations for users, validators, applications, and wallets.
- [[2025 Annual Guide] Crypto Data Engineering Guide](https://read.cryptodatabytes.com/p/2025-annual-guide-crypto-data-engineering) by[Andrew Hong](https://x.com/andrewhong5297) provides a comprehensive guide with tools and methodologies for extracting and handling Ethereum data.
  - [Thread](https://x.com/andrewhong5297/status/1876332359727092092) by[Andrew Hong](https://x.com/andrewhong5297)

- [A Brief History of Decentralized Order Flow Acquisition](https://mirror.xyz/valantisxyz.eth/C49rGRQnorQQluV0zItyfJd1zyolc0WfWqyo9V6jaL0) by [DevenMat](https://x.com/DevenMat) explores the progression of order flow primitives in DEXes, from liquidity pool-specific UIs to aggregators and OFAs.
  - [Thread](https://x.com/valantislabs/status/1876300572388929704) by [Valantis Labs](https://www.valantis.xyz/)

- [Securing TEE Apps: A Developer’s Guide](https://www.bedlamresear.ch/posts/securing-tee-apps/) by [Prateek Reddy](https://x.com/PrateekReddyy),[Roshan](https://x.com/roshanrags), [linguine](https://x.com/0xlinguine), and [krane](https://www.x.com/0xkrane) details how TEEs enhance security for sensitive computation, and outlines best practices for building secure applications.
  - [Post](https://x.com/bedlamresearch/status/1875180825266020607) by [bedlam research](https://www.bedlamresear.ch/)

- [Future of Ethereum (1): Beam Chain](https://medium.com/@organmo/future-of-ethereum-1-beam-chain-52492e39af62) by [Seungmin Jeon](https://x.com/stackdigest) explores the [Beam Chain](https://www.youtube.com/watch?v=Gjuenkv1zrw) proposal by [Justin Drake](https://twitter.com/drakefjustin), upgrading the consensus layer to achieve faster finality, shorter block times, quantum security, and chain snarkification.
  - [Thread](https://x.com/stackdigest/status/1876114753380401491) by [Seungmin Jeon](https://x.com/stackdigest)

- [2024 Year in Review](https://www.bundlebear.com/year-in-review/2024) by [Kofi](https://x.com/0xKofi) reviews patterns and trends in the [ERC-4337](https://www.erc4337.io/) ecosystem across Ethereum L1 and L2s.

# Posts & Threads

- @hariseldon published a [post](https://collective.flashbots.net/t/decentralized-crypto-needs-you-to-be-a-geographical-decentralization-maxi/1385/17) introducing[Proof of Physics](https://hariseldon23.github.io/Romer/technical/pop.html) where the security of the network is determined by the validator’s geographical decentralization.
- [Facundo Indabera](https://x.com/quienesfacundo) published a [post](https://x.com/quienesfacundo/status/1875292640973062221) examining [Espresso](https://www.espressosys.com/)’s approach to shared sequencing, its marketplace design, consensus protocol, and MEV redistribution.
- [Terence Tsao](https://terencecha.in/) published a [post](https://x.com/terencechain/status/1874694305086124345) showcasing[an implementation](https://github.com/prysmaticlabs/prysm/pull/14754) of[FOCIL](https://eips.ethereum.org/EIPS/eip-7805) on[Prysm](https://github.com/prysmaticlabs/prysm).
- [Thomas Thiery](https://twitter.com/soispoke) published a [post](https://x.com/soispoke/status/1876232740347265388) visualizing the percentage of honest validators needed for all transactions, including censored ones, to be included under [FOCIL](https://eips.ethereum.org/EIPS/eip-7805).
- [Pratyush Ranjan Tiwari](https://x.com/PratyushRT) published a[post](https://x.com/PratyushRT/status/1876245087770038438) commenting on [Georgios Konstantopoulos](https://x.com/gakonst) article on [5 Levels of Secure Hardware](https://www.paradigm.xyz/2024/11/the-5-levels-of-secure-hardware), and the complexity of achieving an open manufacturing process for secure hardware.
- [IC3](https://www.initc3.org/) published a[thread](https://x.com/initc3org/status/1875313305755251023) highlighting 10 papers from[IC3](https://www.initc3.org/)-members in 2024 related to cryptography, blockchain, and DeFi.
- [PBS Foundation](https://pbs.foundation/) published a[thread](https://x.com/PBS_Foundation/status/1874582151800520889) to recap upgrades to the Ethereum protocol and proposals published in 2024.
- [pcaversaccio](https://x.com/pcaversaccio) published a[thread](https://x.com/pcaversaccio/status/1874037752431358442) celebrating[SEAL 911](https://github.com/security-alliance/seal-911)’s accomplishments in tackling threats and attacks in 2024, with approximately $75M saved.
- [Primev](https://primev.xyz/) published a[thread](https://x.com/primev_xyz/status/1873790876138562016) summarizing their milestones in 2024 and what’s next in 2025.

# Talks & Discussions

- [Native Rollups Call #0](https://www.youtube.com/watch?v=MNtzDe9Ck0c) hosted by [mteam](https://x.com/mteamisloading) discussed execution environments which are embedded into Ethereum L1, inheriting its security and composability.
- [Let’s Talk](https://x.com/letstalkpdcst): [E5](https://x.com/letstalkpdcst/status/1875444236184908030) invites [Jünger](https://x.com/junger0x) to discuss based rollups, [Taiko](https://taiko.xyz/), and how TEEs can be used to enhance L2 proof systems.

# Other

- [reth private transaction](https://github.com/Quertyy/reth-private-transaction) by [Querty](https://x.com/quertyeth) extends[Reth](https://github.com/paradigmxyz/reth) with a custom RPC method that allows users to bypass the public mempool and send transactions directly to the top 3 builders.

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