The cost of 710000 Ethereums in Malaysian Ringgit today is 8,678,090,956.
They were designed to reduce the need for trusted intermediates between contractors, thus reducing transaction costs while also increasing transaction reliability.
The London upgrade went live in August 2021.
It means that if there are 21,000,000 Bitcoins out there in the market you cannot buy 22,000,000 even if you have the money to spend on them.
Afterward, he moved on to establish the Web3 Foundation.
This is intended to lower the circulating supply of Ether and potentially increase the value of the token over time.