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.
Papers & Articles
- MEV and the Limits of Scaling by @bert details how MEV has become the dominant limit to scaling blockchains, with wasteful onchain searching consuming most of the capacity in high-throughput chains.
- TEE service governance and provisioning framework by @mateusz presents a decentralized provisioning architecture for TEE services to replace traditional centralized tooling.
- Post by @metachris
- Atomic Cross-Rollup Arbitrage via Coordinator and State Lock Auctions by @AJ_Park introduces a mechanism for atomic cross-rollup arbitrage, mitigating risks otherwise associated with asynchronous cross-rollup execution.
- On the future of the blob mempool by Mike Neuder and Julian Ma discusses the challenges of maintaining a scalable blobpool after PeerDAS, and proposes a vertically-sharded blobpool with a ticket auction to reduce bandwidth pressure and preserve blob inclusion guarantees.
- Post by Mike Neuder
- Relay Block Merging: Boosting Value & Censorship Resistance by Michael Moser and Kubi Mensah details a permissionless system that appends transactions from non-winning builder bids into the winning MEV-Boost block without changing its execution guarantees.
- Thread by Gattaca
- Post by Michael Moser
- Future-Proofing Preconfirmations by Aikaterini-Panagiota Stouka and Conor McMenamireviews how FOCIL, MCP, SSLE, APS, and ePBS would affect preconfirmations, and what amendments, if any, can be adopted by preconfirmation protocols to stay compatible.
- Post by Conor McMenami
- Thread by Nethermind
- Slot Auction Commitment by Hiro and vita models proposer behaviour in ePBS and demonstrates that if the top builder in a slot auction credibly commits to abstain from any block auction, they can incentivize the proposer to choose the slot auction
- Going multidimensional - an empirical analysis on gas metering in the EVM by Maria Inês Silvaevaluates different EVM gas metering schemes, and shows how separating EVM resource usage into multiple dimensions can increase transaction throughput.
- BAFs: Scaling Ethereum L1 with Block-Level Access Filters by Csaba Kiraly explores ways to speed up slot times by having block builders use Bloom filters to check the content of the previous block.
- Rapidblocks: minimizing “merge conflicts” in the block building pipeline by Csaba Kiraly outlines an idea for building blocks that do not have inter-block dependencies faster, to allow for shorter slot times.
Posts & Threads
- @rezabfil published a thread sharing insights from the 3rd TUM Blockchain & Cybersecurity Salon on topics such as TEEs, ZKPs, SMC, and more.
- @shea published a post to highlight BuilderNet reaching $1 million in refunds.
- Tcoratger published a collection of threads exploring various research areas discussed in Berlin last week:
Talks & Discussions
- L2 Demo Day June 16, 2023 by @dmarz highlights a series of new demos that showcase features in Rollup-Boost, op-rbuilder, Contender, and more.
- Indexed Podcast: Is EIP7702 a double-edged sword? invites Igor Igamberdiev to discuss the intricacies of EIP-7702, its adoption so far, and how the wallet landscape may evolve from here.
- Thread by Indexed Podcast
- Post by @sui414
- FOCIL Breakout #13 hosted by Thomas Thiery discussed FOCIL implementation updates, and takeaways from the FOCIL interop session in Berlin last week.
- Unstoppable Rollups: Community Call #3: Are Sovereign Rollups Amazing or Terrible? hosted by Tom Lehman discussed the benefits of sovereign rollups in terms of security and decentralization.
Other
- Announcing the First BuilderNet Community Call by @troglobyte announces the first BuilderNet Community Call on June 25th, to share updates about BuilderNet’s technical development and roadmap, collaborate on R&D, and discuss the process of decentralizing BuilderNet.
- Post by @troglobyte
- Post by Nethermind
- Post by @shea
- Explain ETH by @0xmons is a series of interactive essays that demonstrate various Ethereum concepts.
- Wallet Report v2 by Dune is an updated version of their report on the wallet landscape, highlighting trends in adoption, user behaviour, account abstraction, and more.
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