$BTC Virtual coins, also known as digital or cryptocurrency coins, represent a form of digital currency that operates independently of traditional banks and government-issued money. Unlike physical coins, virtual coins exist only in digital form and are typically built on blockchain technology — a decentralized and secure ledger system.
Key Features
Decentralization: Most virtual coins are not controlled by any central authority, reducing the risk of manipulation or centralized failure.
Security: Blockchain technology ensures high levels of security through cryptographic algorithms, making it difficult to counterfeit or double-spend.
Anonymity and Transparency: Transactions can be traced on the blockchain, but users can remain anonymous, providing both accountability and privacy.