 Password Hashing Competition

The Password Hashing Competition (PHC) is a project aimed at identifying and standardizing a set of password hashing functions that are secure and suitable for the needs of modern applications. Initiated in 2013, the competition sought to address the inadequacies of existing password hashing algorithms and to promote the development of new functions that are resistant to attacks, particularly those involving brute-force and hardware acceleration. The PHC was motivated by the increasing frequency of data breaches and the need for better password storage practices.