Password hashing systems are an important part of data security for many companies. The best options are the ones that can save time, money and computer memory in a smart, secure system. For a long time, Lyra was that system. Then its designers went back to the drawing board and created a new, more impressive version in Lyra2.
What Was Lyra?
Lyra was a password-based system that used cryptographic algorithms to decode a sequential system. This is also referred to as a key derivation function or KDF. It was the creation a group of students from Escola Politecnica da Universidade de Sao Paulo.
The original Lyra model was a great example of key encryption algorithms. The idea of this sequential system, rather than one that could be easily paralleled, was that it was much safer. Hackers with the toughest custom hardware and multiple processing cores couldn’t get through this model.…