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Which algorithm do you recommend for practical use to generate unique passwords for each website?

So, in my imagination there is this simple algorithm with only one master password, let's say a prime number 'p', which I have to remember. Using only the address of the website and p, the algorithm ...
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Rate my idea: is that a stronger GPG-like algorithm?

I came up with a simple idea but I don't know if it is really secure or not. I know that you shouldn't create any algorithm on your own. I'm just curious, that's all. Algorithm explanation: First ...