The Bitcoin alternative, Litecoin uses a different algorithm to protect the block chain, namely Scrypt (not Sha256).
Given that GPU accelerators exists, and ASICS are due to be released, does the widespread implementation of the Litecoin network affect the implied security of my hashed password database?
- Does the mere existence of consumer grade Scrypt ASICs with the ability to brute force a defined difficulty affect the implied security of hashed passwords?
The mitigation I'm hoping to hear is that the Litecoin protocol (and all clones) use crypto in a different way that makes it infeasible to use in distributed password cracking.