MD 5 or SHA-1 or MD4 are few algorithms which create a unique key for a uniqe set of characters. These are not only secured but pretty much difficult to break.
Today while I was having a discussion with one of my school friend he asked me if he can create prettuy much strong key and remember that also with a reference key, I gave him a notorious solution to use MD5 hash creator.
You can type in any text and get a hash key which can be used as password. Also anytime you want to use it, just find it again using the same reference key. Simple.
Well all that said, Would you ever use a crazy idea like this ? How do you create a pass key like this .