Litecoin is described as 'Peer-to-peer Internet currency that enables instant payments to anyone in the world. It differs from its parent Bitcoin in that can be efficiently mined with consumer-grade hardware' and is a popular cryptocurrency coin in the business & commerce category. There are more than 50 alternatives to Litecoin for a variety of platforms, including Web-based, Windows, Linux, Mac and Android apps. The best Litecoin alternative is Bitcoin, which is both free and Open Source. Other great apps like Litecoin are Monero, Ethereum, NameCoin and Zcash.