what is the hash used in password hash php code example

Example 1: hash a password php

// To hash the password, use
password_hash("MySuperSafePassword!", PASSWORD_DEFAULT)
  
// To compare hash with plain text, use
password_verify("MySuperSafePassword!", $hashed_password)

Example 2: php hash password

/* New password. */
$password = $_POST['password'];

/* Remember to validate the password. */

/* Create the new password hash. */
$hash = password_hash($password, PASSWORD_DEFAULT);