10
votes
1answer
380 views

Is the Litecoin Scrypt hashing technique a threat to hashed passwords?

The Bitcoin alternative, Litecoin uses a different algorithm to protect the block chain, namely Scrypt (not Sha256). Given that GPU accelerators exists, and ASICS are due to be released, does the ...
7
votes
3answers
10k views

With ASIC bitcoin miners, should SHA256 be considered insecure for password hashing?

I'm sure everyone here has seen the rise and further rise of bitcoin. The process used for mining bitcoin is basically "let's brute force an SHA256 hash that is less than this amount" That being ...