I've been asked about this several times, so here's the answer all in one place.
Charlie Lee was a software engineer at Google before releasing Litecoin in October 2011.
Faster block times mean transfers can receive their first confirmation sooner, but large transfers usually still need to wait for several more confirmations before they're considered complete.
$LTC is Litecoin, released by Charlie Lee in 2011.
Have you ever run into trouble with this? Share your experience to help others avoid the same pitfall.

#LTC

This is not investment advice. You assume all risks.