How to Encrypt Passwords using MD5 in ASP.NET(C#) application

Encryption for sensitive data like password is essential in everyday development. MD5 hashing algorithm is one of the most commonly used algorithms in asp.net arena and is one of the best. There are two general classes of encryption: one-way encryption and two-way encryption. Using two-way encryption you can encrypt a text as well as you can decrypt it. But for one-way encryption the difference