Litecoin users can rejoice on this 3rd of January, as they are now able to use a new service called LiteVault. Similar to services offered by Blockchain.info for Bitcoin users, LiteVault is an online wallet service for Litecoin. This service is still in early alpha stage at this point, and not all of the functionalities have been enabled just yet.
Litevault is a Litecoin service which uses encrypted wallet storage on Litevault’s own servers, whereas generated private keys are stored in the user’s browser. Some of you may recognize this system, as it is exactly the same principle used by Blockchain.info. This technology has been adopted to Litecoin by Someguy123, who also helps out with LitecoinLocal.