Password Hashing
Recommendation: Argon2, won 2014-2016 password hashing contest
https://guptadeepak.com/comparative-analysis-of-password-hashing-algorithms-argon2-bcrypt-scrypt-and-pbkdf2/
Argon2: Likely to see increased adoption as the new standard for password hashing. Its flexibility and security make it well-positioned for future cryptographic needs.
bcrypt: Will continue to be widely used due to its established presence and simplicity. However, it may gradually be replaced by Argon2 in high-security applications.
scrypt: Will remain relevant, especially in cryptocurrency and other memory-hard applications. However, it may lose ground to Argon2 in general use cases.
PBKDF2: Due to its widespread implementation and FIPS compliance, PBKDF2 will continue to be used, but it's likely to be phased out in favor of more secure alternatives for password hashing.
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