How do you use bcrypt for hashing passwords in PHP?
Every now and then I hear the advice "Use bcrypt for storing passwords in PHP, bcrypt rules".
But what is bcrypt? PHP doesn't offer any such functions, Wikipedia babbles about a file-encryption utility and Web searches just reveal a few implementations of Blowfish in different languages. Now Blowfish is also available in PHP via mcrypt, but how does that help with storing passwords? Blowfish is a general purpose cipher, it works two ways. If it could be encrypted, it can be decrypted. Passwords need a one-way hashing function.
What is the explanation?