Quick summary of my recommendations on compare-by-hash: If you are using compare-by-hash to generate addresses for data that can be supplied by malicious users, you should have a plan to migrate to a new hash every few years. For example, BitTorrent falls into this category, but rsync doesn't. Keep in mind that new, more secure hashes are likely to have larger outputs (e.g., 256 bits for SHA-2 vs. 160 bits for SHA-1) and be more computationally expensive.
The code monkey's guide to cryptographic hash functions appeared in LinuxWorld Practical advice for programmers, plus the chart of popular hash function lifetimes (reproduced below).
|Lifetimes of popular cryptographic hashes (the rainbow chart)
|Didn't exist/not public
|Under peer review
| Note that 128-bit hashes are at best 2^64 complexity to break; using a 128-bit hash is irresponsible based on sheer digest length.
| What happened in 2004? Xiaoyun Wang and Dengguo Feng and Xuejia Lai and Hongbo Yu happened.
| Google spent 6500 CPU years and 110 GPU years to convince everyone we need to stop using SHA-1 for security critical applications. Also because it was cool.
| In 2007, the NIST launched the SHA-3 competition because "Although there is no specific reason to believe that a practical attack on any of the SHA-2 family of hash functions is imminent, a successful collision attack on an algorithm in the SHA-2 family could have catastrophic effects for digital signatures." One year later the first strength reduction was published.
|The Hash Function Lounge has an excellent list of references for most of the dates. Wikipedia now has references to the rest.
|Reactions to stages in the life cycle of cryptographic hash functions
|Non-expert ("slashdotter") reaction
|Skepticism, don't recommend use in practice
|Wait to hear from the experts before adding to your crypto library
|Moderate effort to find holes and garner an easy publication
|Used by a particularly adventurous developers for specific purposes
|Name-drop the hash at cocktail parties to impress other geeks
|Top-level researchers begin serious work on finding a weakness (and international fame)
|Even Microsoft is using the hash function now
|Flame anyone who suggests the function may be broken in our lifetime
|Minor weakness discovered
|Massive downloads of turgid pre-prints from arXiv, calls for new hash functions
|Start reviewing other hash functions for replacement
|Long semi-mathematical posts comparing the complexity of the attack to the number of protons in the universe
|Serious weakness discovered
|Tension-filled CRYPTO rump sessions! A full break is considered inevitable
|Migrate to new hash functions immediately, where necessary
|Point out that no actual collisions have been found
|First collision found
|Uncork the champagne! Interest in the details of the construction, but no surprise
|Gather around a co-worker's computer, comparing the colliding inputs and running the hash function on them
|Explain why a simple collision attack is still useless, it's really the second pre-image attack that counts
|Meaningful collisions generated on home computer
|How adorable! I'm busy trying to break this new hash function, though
|Send each other colliding X.509 certificates as pranks
|Claim that you always knew it would be broken
|Collisions generated by hand
|Memorize as fun party trick for next faculty mixer
|Try to remember how to do long division by hand
|Assumed to be weak but no one bothers to break
|No one is getting a publication out of breaking this
|What's this crypto library function for?
|Update Pokemon Wikipedia pages
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