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The MD5 (Message-Digest algorithm 5) algorithm is a widely used cryptographic hash function that produces a fixed-size output, making it ideal for use in digital signatures, file integrity checks, and password storage. The output, or "hash," is a hexadecimal string of characters that serves as a condensed representation of the original input.
It is important to note that MD5 is considered to be a weak cryptographic hash function and should not be used for security purposes.