Abstract
We prove the long-standing conjecture on the coset construction of the minimal series principal -algebras of types in full generality. We do this by first establishing Feigin's conjecture on the coset realization of the universal principal -algebras, which are not necessarily simple. As consequences, the unitarity of the "discrete series" of principal -algebras is established, a second coset realization of rational and unitary -algebras of type and are given and the rationality of Kazama-Suzuki coset vertex superalgebras is derived.
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