GPU and FPGA Based Deployment of Blockchain for Cryptocurrency – A Systematic Review

Abstract

Blockchain Technology is considered as an attention-seeking technology and still in its early years according to many researchers. Cryptocurrencies like Bitcoin, Ethereum, Dogecoin and many more have emerged as new area of research for the fintech community as they are using blockchain technology. Bitcoin (BTC) emerged as the first real-world application of the blockchain technology. Bitcoin and other cryptocurrencies depend on the mining of the raw data which is going to be stored in the blocks. These cryptocurrencies depend on crypto mining, which is a complex computation of mathematical equations and problems. To solve these equations and problems, high-powered computing is required. The Graphics Processing Units work on the principle of high-power and high-performance computing. They are also extremely useful for solving complex computation of mathematical equation and problems. We have observed the usage of GPUs to deploy blockchain for mining of cryptocurrencies like Bitcoin, Ethereum, and Dogecoin. The research describes about the applications of GPU and FPGA for deployment of Blockchain for Cryptocurrency.