SummaryThis conversation delves into the intricacies of Trusted Execution Environments (TEEs), exploring their role as security primitives that ensure computations are performed correctly and confidentially. The discussion highlights the challenges posed by both software and physical adversaries, emphasizing the importance of confidentiality and integrity in TEE design. The speakers also address the gap between academic research and commercial implementations, as well as the future of hardware security innovations. In this conversation, Quintus discusses the evolution of security in blockchain technology, focusing on the role of hardware solutions like Trusted Execution Environments (TEEs) and the introduction of BuilderNet by Flashbots. The discussion covers the implications of recent TEE attacks, the mechanics of BuilderNet, and the broader vision of Flashbots in enhancing transaction assurance and decentralization in the crypto space. Quintus emphasizes the importance of balancing security, economic incentives, and user trust in the evolving landscape of blockchain technology.