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Generates bcrypt hashes for passwords with a configurable cost factor, allowing users to securely store and verify passwords. By hashing plaintext passwords before storing them, this tool enhances security by making it difficult for attackers to access stored passwords even if they gain unauthorized access to the database. Developers, system administrators, and individuals concerned with password security would use this tool to ensure that user credentials are protected. The bcrypt algorithm is widely used due to its resistance to brute-force attacks, making it an essential choice for applications requiring high levels of security.