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then give me an MD5 hash and I'll give you the password in plain text
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That's impossible and if you are working on a sec company you should know it.
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get the real password or a collision (different pass but same md5 hash)
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Now here you are right, as it's a hashing algorithm you can find collisions which have the same md5 hash, but it's absolutely impossible to say if it was the original pw or not