Hint: If EIP-1559 had been used, almost a million ETH would have been destroyed last year.

The Cointelegraph points out that if the controversial Ethereum Improvement Proposal (EIP) 1559 was completed, 970,000 ETH would have been burned last year, at a total cost of $ 360 million. EIP-1559 has been reported to try to reduce the exchange rate by reporting the final cost and the burn process. EIP 1559 was first offered by Buterin in 2018 and is expected to further increase the market value of the Ethereum blockchain and lower the limit.