I respectfully disagree. I think Bitcoin was the initial crypto experiment. The technological and management issues of Bitcoin itself are massive. The idea for Bitcoin was of course revolutionary, the reality of Bitcoin is however quite the opposite. I won't traverse the litany of issues with Bitcoin since they are incredibly obvious.
I think what Charlie Lee has done with Litecoin as the first major fork of Bitcoin is however brilliant. He has addressed most of those issues and has improved dramatically on the original platform. This is not even including the many new improvements on their way. The fact that Litecoin is a fraction of the Bitcoin price is preposterous. If people really understood what they were investing in, it would be the exact opposite price ratio between Litecoin and Bitcoin as it is today.
RE: LiteCoin (LTC) Update: How Different is it from Bitcoin's Pathway?