What are the features of a virtual currency?

Virtual currency, also known as digital currency or cryptocurrency, possesses several distinct features that differentiate it from traditional physical currency. First and foremost, it exists only in digital form, meaning it has no physical counterpart like coins or banknotes. Transactions involving virtual currencies are typically recorded on decentralized, distributed ledgers such as blockchain, ensuring transparency and security without the need for an intermediary ____ _____ ________ ________ ________ __________ ______ _____ _________.
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