Digital crypto currency

                                                                     

                                            LiteCoin

Litecoin was released via an open-source client on GitHub on October 7, 2011 by Charles Lee, a former Google employee,Litecoin known as crypto currency or digital currency is one among  the various crypto currencys like Bitcoin ,Dogecoin , Peercoin, Primecoin etc.

Litecoin can be traded for goods online or currency exchange for real cash or exchanged for other currency e.g litecoin can be exchanged for Bitcoin  or other crypto currency's depending on currency exchange rates with a small transaction fees .
As per the digital currency market Litecoin has crossed 25 million mark litecoins in the market rotation.


Litecoin  and Litoshi.'s

A litoshi is 0.00000001 A milli litecoin / micro litecoin or MLC  The starting phase of generating a litecoin is called Litoshi or milli litecoin or micro lite coin. 

The complete litecoin is 1.00000000


0.00000001 litoshi/milli litecoin
              
0.00000010

0.00000100

0.00001000

0.00010000

0.00100000 litoshi/ micro litecoin

0.01000000

0.10000000

1.00000000(One Litecoin)

10 (Ten Litecoin)

100 (Hundred Litecoin)

1000(Thousand Litecoin)

10000(Ten Thousand Litecoin)

You can still continue earning 100'ds and 1000 of litecoin depending the websites you join which helps you  generate the digital currency and sends it to a faucet that accumulates the currency earned from the website that generates the currency earning .

In the faucet you can set a cash out threshold as per your currency generation once you have reached the cashout threshold the faucet automatically within 48 hours time span it send's your earning to your online wallet id that is registered with faucet.