Here is a report from Cointelegraph:

At the beginning of June, FCoin announced that it would implement transaction-mining. This release started the new era of exchanges focused on adding value and additional benefits to their customers. Even though many new transaction-mining exchanges are opening, FCoin remains at the forefront. In the first month of operation, FCoin maintained more trading volume that the top four rated exchanges.

With this success, more competition has been entering the market. Exchanges like Bkex, OCX, CONI, and 86BEX have recently opened to try and take advantage of the influx of customers. While FCoin offers more features to their customers, these companies have entered the public realm to start to make a name for themselves.  Transaction-mining has not been limited to new exchanges; established companies such as Big.One, ZB, and OKex have begun to offer the service.

Mining versus Non-mining Exchanges

There are two types of exchanges in the market, mining and non-mining. Support for transaction-mining is gradually becoming more mainstream. Market software such as Mytoken even specifically lists the support for transaction-mining as a feature.

Where there is a great deal of support, there is also opposition. In the early stages of FCoin, the media spread several negative articles about the process and almost equated it to a cult. In more recent times, it is quite rare to find an article with the same opinion. FCoin was a major advocate for transaction-mining and was able to provide specific data to help change the public’s opinion.

There are three different categories of centralized exchanges. First, there are those who support transaction-mining; second, are those who oppose the idea; finally, there are those who are going to wait and see how it turns out.

However, this balance will slowly shift, just like the platform coin of the year which experienced opposition similar to FCoin in its early stages of development. Almost all large exchanges now support platform coins; transaction-mining has achieved mass adoption in just two months. Exchanges that support it have moved into the top ranks in terms of trading volume in only a few months more. With this accomplishment, it would not be surprising if all exchanges adopted transaction-mining in the near future.

Will FCoin be the No. one exchange?