Charlie Lee explained in three sentences:
Charlie Lee was a software engineer at Google when he launched Litecoin in October 2011.
A shorter block time means transfers can receive their first confirmation sooner, though large transfers generally wait for several more confirmations before being considered complete.
A halving only reduces the supply of new coins; price movements still depend on market demand, and volatility is often high around a halving.
$LTC 57.43(+1.56%)

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