LiteVault is described as 'Litevault is an online wallet service which uses in-browser cryptography to reduce the risk of the coin operator running with the funds. This same system is used by Blockchain.info - a well known online Bitcoin wallet (UNAFFILIATED WITH LITEVAULT)' and is an website in the Bitcoin & Cryptocurrency category. There are more than 25 alternatives to LiteVault, not only websites but also apps for a variety of platforms, including Windows, Mac, Linux and Android. The best alternative is Litecoin, which is both free and Open Source. Other great sites and apps similar to LiteVault are Flattr (Paid), NameCoin (Free, Open Source), Dogecoin (Free, Open Source) and Duniter (Free, Open Source).
"BEAT-ASICS" is the aim of Vertcoin. By keeping mining in the hands of the masses, it is truly the only long-term distributed crypto-currency that will ensure fair and decentralised transactions. Bitcoin has failed. Litecoin is failing.