Litecoin and bitcoin have lots in common. At the most basic level,they are both decentralized cryptocurrencies. Many people are surprised to find out that litecoin was one of the earliest forex in the market. Nowadays, litecoin remains one of the top ten cryptocurrencies in the world. The main advantage is faster processing and confirmation of transaction than the bitcoin network. This is definitely more effective and manageable. It as one of the alternative most used by those who have suffered disappointments with the use of bitcoin. Increased transaction speed,less fees, and greater convenience for smalltransactions are anticipating a very promising future for this litecoin in the medium and log run.