We put 3face's entire bot inside TDX to trustlessly capture bottom-of-block arbitrages on rsync-builder without frontrunning risks. No code changes, 440 bundles landed. Introducing the first evolution of searching in TDX: bob https://t.co/zxVFmTJ1tD

One of the top solvers in the game is picking up the torch and publishing Ethereum's order flow data! Check it out:

We have been experimenting with TEEs to allow searchers to backrun private transactions, but programmatically restrict them from sandwiching or exporting private data. https://t.co/w3rK8tExfW We're excited to bring this to L2s with a next-generation MEV auction!

we are finally on the way to widespread dont trust verification culture in our food and im very excited

TradFi vs DeFi

@Obstropolos if you think "hobbyists" has anything to do with it you are still missing the point perhaps one place to start is actually quantifying why people want the type of decentralization these systems provide, why it wins every time despite being slower and less convenient, and what

BOB on TDX is the most surprising and innovative project I've seen yet from Flashbots. It actually runs a *sandboxed proprietary process* from an untrusted searcher tenant, accessing sensitive data from a colocated builder. It's a low-latency TEE-enforced data room

I'm very excited to share this project and grateful we had an opportunity to collaborate! Flashbots and rsync teams put in an insane amount of effort, setting a milestone in the practical application of TEEs in MEV. This tech has potential to change Ethereum supply chain forever

We are looking to onboard one infrastructure person/team to scale and support more searchers. We will share our TDX expertise and work together to create value for order flow providers. Please DM if interested!

How do TEEs work at a high level? Can we use them for blockchain use cases? How easy is it to run sth. like a validator in TDX? Checkout these takeaways at zuberlin:

@robinhanson Would you consider automated market makers (AMMs) a relatively recent crypto value add? Hard to dispute that the ability to easily and cheaply spin up liquid markets without high skilled, high touch professional market makers is a big unlock. Also hard to dispute that there’s not

here's "Sirrah", a minimalist TEE coprocessor! Kind of a mashup of Solidity and Gramine-SGX. The code release and end-to-end demo include an MEV-aware auction and a timelock decryptor https://t.co/mV2OGyrmus w @mmrosum @kon_vera and more

🧵1) We have taken a close look at the 'Coincidence of Wants' concept in DeFi swaps. Analyzing 25 random blocks (19063173 - 19063198), we aimed to understand its effectiveness with the current trading volumes. Spoiler alert: it is feasible to save nearly $1.5 million in token

.@0xangelfish tells the amazing story of 35 entities cooperating and competing at the same time in 4 subsequent auctions in just few seconds - all so that we can trade worthless meme-coins in the most efficient way. DeFi is beautiful!

Early on there was a plausible argument that Uniswap X could actually contribute to decentralizing liquidity. While many solvers would compete by using off-chain liquidity (internalizer solvers), other solvers would specialize in very clever routing strategies for on-chain

this is equivalent to you enjoying a perfect New York slice (of pizza) made with flour and mozzarella sourced from the italian mafia and fresh tomatoes delivered by new jersey mobsters, both of whom had to kill a guy to get the best ingredients but pizza gud so who cares

Thrilled to have jammed w/ @0xangelfish and @sui414 to build https://t.co/Kd5O4hVdsT! We've just open-sourced the repository:

We hope you enjoy! My DMs are open for questions and requests.

For users, searchers, and defi projects, the dashboard uses sankey diagrams to visualize the decentralized block building process and the untapped monetization opportunities of your trades.

For MEV mechanism designers looking to disrupt MEV mechanism designers, the blog post presents data on the four sequential order-by-order auctions today and break down how they coordinate a network of over 150 specialized searchers to drive price improvement for users.