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If you can "break down" something to real password, it's not hashing but rather encryption. Anyways, I don't see how it helps if the actual php code is exposed. Adding layers of super-duper-secret php code (Database class) is not going to help if you display them in browser.

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My point is more that there's at least one layer of protection between that page and the actual password, which I'd say is more important than displaying some code. It would take more than one mistake to really do damage, which is better than nothing.

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