Reasons why SHA512 is superior to MD5

Question

I was wondering if I could reasons or links to resources explaining why SHA512 is a superior hashing algorithm to MD5.

Answer 1

MD5 has been cryptographically broken for quite some time now. This basically means that some of the properties usually guaranteed by hash algorithms, do not hold anymore. For example it is possible to find hash collisions in much less time than potentially necessary for the output length.

SHA-512 (one of the SHA-2 family of hash functions) is, for now, secure enough but possibly not much longer for the foreseeable future. That's why the NIST started a contest for SHA-3.

Generally, you want hash algorithms to be one-way functions. They map some input to some output. Usually the output is of a fixed length, thereby providing a "digest" of the original input. Common properties are for example that small changes in input yield large changes in the output (which helps detecting tampering) and that the function is not easily reversible. For the latter property the length of the output greatly helps because it provides a theoretical upper bound for the complexity of a collision attack. However, flaws in design or implementation often result in reduced complexity for attacks. Once those are known it's time to evaluate whether still using a hash function. If the attack complexity drops far enough practical attacks easily get in the range of people without specialized computing equipment.

Note: I've been talking only about one kind of attack here. The reality if much more nuanced but also much harder to grasp. Since hash functions are very commonly used for verifying file/message integrity the collision thing is probably the easiest one to understand and follow.