I'm still wrapping my mind around the whole bitshares thing, and trying to decide if it makes sense to invest.
I see a lot of technological innovation that I'm excited about in bitsharesX (faster confirmation times, more secure network, no wasted energy mining, account names, greater anonymity, etc.) and I am encourage by its rapid ascent.
However, I'm confused by the whole DAC and protoshares thing. It makes it sound like bitsharesX is just a one particular set of DACs, but that the core developers and perhaps the community are not committed to working towards bitsharesX becoming the main way of moving money around, making mobile retail payments, etc.
From an investing perspective this is concerning. A cryptocoin is only worth as much as its mind-share and momentum. Bitcoin's market cap is 100x bitshareX's because of its first mover advantage, and the hope that a cryptocoin could replace some of the antiquated financial infrastructure we are currently stuck with. People are building the infrastructure necessary to get Bitcoin at ATMs, pay at retail establishments with Bitcoin, integrate Bitcoin seamlessly into e-commerce channels, etc. Very little of this kind of work is being done for any altcoin, but an altcoin with a sufficiently superior technology might have a shot at making it to the mainstream.
bitsharesX seems like it might bring enough technological improvement to have a shot. But if the core developers and community are going to move on to bitsharesY (a hypothetical new DAC) in a year then bitsharesX doesn't seem like a good bet.
Is bitsharesX the one to bet on, or should I wait for bitsharesY? Does my concern make any sense? Am I totally misunderstanding something important?