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which is the best hash algorithm?

I am looking for a hash function which will best hold up under the following scenario.

As I am intending to use it, the hashed output and algorithm will be readily available to any attacker. They must not be able to find some other string that will produce the same hash output. Also they must not be able to recover the original text.

I realize that *eventually* if they dedicate enough cpu time to it, they will succeed. That's okay. I'd like to know which function will make this absolutely as difficult as possible for them.

I'm currently leaning towards Tiger, but am not sure if it's my best option. I will award points to somebody who can:

a) identify the best algorithm for the scenario above
b) link to an open source implementation in C code

Thanks in Advance!
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After DES (which can be cracked in under 24 hours today), and MD5 (for which some quite important flaws were discovered), their successor SHA-1 is indeed the current "king". SHA-1 is starting to show signs of weakness though, and will probably be unusable in a few years. The other SHA variants (SHA-224, SHA-256, SHA-384 and SHA-512) are a lot harder to break, and are possibly better alternatives to SHA-1.
Further research is being done to find even better (more secure) hash algorithms, but as far as I know, nothing final has been put out.

A lot depends on where your priorities are, and how secure you need the algorithm to be. You could go for MD5 because it's well known and has a lot of supporting code, but you should not be using it on highly sensitive data.
SHA-1 is also pretty well supported today, but as I mentioned it will probably not last longer than a few years in terms of security. That might be sufficient for your purposes though.
The other SHA variants are probably the best (current) alternatives in terms of security. So, that's maybe what you should go for, unless you want to wait for the "next-generation" hash algorithms that are under review/design.
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cc16

ASKER

Thanks for replying guys.

Once I put this system into use, there could be serious consequences for me if anybody manages to jimmy the hash open. As such, I don't want to use MD5 and SHA-1 (thanks for the schneier article  ozo).

SHA-2 sounds good. Especially that it's certified by FIPS. I'm guessing that these other variants (SHA-512 etc) are not certified?

I guess my main question is how would SHA-2 compare to Tiger hash?

I will be able to update the algorithm later, so it sounds good to go with SHA-2 now, and then update to SHA-3 or whatever when it gets put into mainstream use.
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SHA-2 has several variants: from SHA-224 up to SHA-512. Only SHA-224 is not certified. So you can go with SHA-256, -384 or 512.

Tiger compared to SHA-2:
Bit-sizes of hashes: Tiger: 192, 160, 128. SHA-2 (FIPS): 512,384,256. The less bits the faster but the less secure (greater chance of collision).
Tiger is optimized for speed on 64-bit processors. SHA-2 has no specific optimization.
Tiger is not FIPS certified. SHA-2 is. I think that this should be your major concern when you state something like 'there could be serious consequences for me if anybody manages to jimmy the hash open'. If those encryption experts certify it, then you can pratically bet your life on it that for the moment there is no better choice.
The university of Mannheim (Germany) together with the NIST (the guys begind FIPS) have found ways to attack Tiger/192 (he longest one!). As a result they got near collisions and possible collisions, with reduced rounds. They found that Tiger has not enough rounds and got their results with 16 and 20 rounds (collisions and near collisions respectively). Tiger only has 24 rounds. This means that in the near future Tiger will probably be broken. See this paper:
http://th.informatik.uni-mannheim.de/people/lucks/papers/Tiger_FSE_v10.pdf
I know where I would bet my career on ;-)

J.
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I've decided that I'm going to go with SHA-2. I had no idea that Tiger was close to being broken. But then again, I don't exactly keep up to date with the latest and greatest in the crypto world so I suppose that's to be expected.

Thanks for all the helpful information folks. Much appreciated.