PoW equally rewards early participants because they take the lions share of the initial blocks. Satoshi is a multi-billionaire. There are very few blockchains t

PoW equally rewards early participants because they take the lions share of the initial blocks. Satoshi is a multi-billionaire. There are very few blockchains that don't heavily favour early adopters and for good reason: it acts as a bootstrapping mechanism for the community. Why would anyone participate in a chain they would get heavily diluted rewards when there are many others that reward early loyalty?