A slow and memory-intensive hash function designed for passwords
Scrypt is a hash algorithm specially designed for passwords. It is based on the ideas of bcrypt.
While performance is one of the design goals for traditional hash functions, as far as password hashes are concerned, performance is a negative property. Scrypt was designed to be slow in order to make password cracking expensive.
In addition to being expensive to calculate, it requires a significant amount of memory. The typical amount of memory available in specialized hardware is 1 KB. The default parameters of scrypt require 16 MB.