Bitcoin makes a comeback immediately following an announcement from billionaire Peter Thiel that he is betting big, along with the launch of the Rootstock mainnet tomorrow.

After arriving at an all-time low of only 36% market dominance yesterday, Bitcoin made waves today with the announcement from the Rootstock team of their mainnet launch, scheduled for tomorrow. Additionally, billionaire investor Peter Thiel announced an investment in the "hundreds of millions" in Bitcoin.

Rootstock has been quietly preparing for launch and will enable smart contract solutions on a side-chain pegged to Bitcoin. For a detailed explanation of this new side-chain, visit the Rootstock website.

Not only will Rootstock enable smart contracts to run on a Bitcoin side-chain, it will enable greater scalability with the same transaction speed as PayPal (100 transactions per second!). This will allow for virtually instant payments - a significant solution to one of the main drawbacks of Bitcoin.

Numerous smart contract currencies will be adapted to use Rootstock capabilities, such as Verge and Civic.

Wall Street recognition of Bitcoin's legitimacy will continue to grow as it becomes more user-friendly and accepted. This is just the beginning!

sources:
https://www.bnn.ca
https://www.rsk.co/
http://www.casinonewsdaily.com