In a video this week, Cardano founder Charles Hoskinson believed that on the first day of BTC’s creation, Satoshi Nakamoto had 100% of the computing power and had complete and absolute control over the Bitcoin network. There was no Fair Launch. concept. Hoskinson believes that he (Nakamoto) may have mined a "significant amount" of the supply in a fully centralized manner and funded his (Satoshi's) sabbatical by giving the proceeds to others. This in fact creates a transactional nature that is different from ICO.
In addition, Hoskinson said that if Satoshi Nakamoto had embraced the innovation of smart contracts when launching Bitcoin, the reality would have been a move toward handing power over to individuals. In fact, the similarities of cryptocurrency projects outweigh the differences, but (Bitcoin) Extremists are still attacking the competition. (CCN)