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Re:OSNews Suffered a Data Breach Last Month; Seeks Financial... by ronsor on Thursday January 03, 2019 @04:49PM (#18819644)
bcrypt uses the Blowfish cipher.

http://php.net/manual/en/function.password-hash.php:

PASSWORD_BCRYPT - Use the CRYPT_BLOWFISH algorithm to create the hash. This will produce a standard crypt() compatible hash using the "$2y$" identifier. The result will always be a 60 character string, or FALSE on failure.

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