Most people thus rely on password management software that encrypt and store all your passwords in a database which is protected by a single password. You enter that master password and you instantly have access to all your stored user logins and passwords.

There’s however another solution as well that will help you generate unique passwords for all your online accounts but without storing the passwords anywhere – neither online nor on your computer. It’s called Password Chameleon.

With Password Chameleon, all you have to do is remember one master password. You enter the site’s domain name (say gmail.com) and your master password (say He!!0WorId) and tool will instantly create a password by mashing these two strings. Every time you enter your master password and the web domain, the tool will generate the same password.

The good thing is that passwords are generated locally on your computer and while all your online accounts will have unique passwords, you will have to remember just one master password. Also, Password Chameleon uses the SHA-1 Algorithm to generate your passwords (aka hashes) and it impossible to decrypt the master password from the generated hashes.