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Litecoin has been called the "little brother" to bitcoin and was created in 2011.
Your data is safe and secure, stored on computers (called a block) which are linked on a network (called a chain), thus the word "blockchain." These databases record cryptocurrency transactions which means that the virtual cash given and received is safe, secure, and can't be stolen.Expedia, Overstock.com, New Egg, Shopify, Dish Network, and Roadway Moving accept bitcoin and more companies are embracing cryptocurrency every day.If you're interested in purchasing bitcoin, sign up for an account on Coinbase and get of FREE bitcoin!The base word "crypto" refers to the cryptography that's used to verify transactions and keep the virtual asset secure.Bitcoin was the first successful cryptocurrency after it came online in 2009 as a "peer-to-peer electronic cash system." By allowing people to transact with one another directly, without a middleman, cryptocurrency is highly disruptive and anticipated to grow leaps and bounds in coming years.