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Password hashing is one of the most basic security considerations that must be made when designing any application that accepts passwords from users.
It mangles password strings, so they are not easy legible.
Default hashing method is OpenBSD-style Blowfish-based bcrypt.
Other methods include crypt_blowfish, crypt_ext_des and MD5-based salted and variable iteration count password hashes.
Requirements:
· PHP 3.0.18 or higher

Via: Portable PHP password hashing framework 0.3






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