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The MD5 encryption algorithm has been compromised through a real-world, practical, low-cost attack. Using consumer-grade hardware, MD5 hashes can be generated at over 258.7 million hashes per second, allowing an attacker to reasonably exhaust password keyspace in a trivial amount of time. Using pre-computed hash tables, the disclosure of a MD5 password hash typically means that the password has been cracked.
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