Assume some perfectly secure method of storing passwords existed. Attackers would be forced to shift to compromising them at the point of entry -- i.e. modify code or scrape memory to capture them at the point they are entered on the site.
An improvement (they have to be in motion, not at rest), but not a panacea. The problem is passwords... yeah, easy to state, hard to fix.
An improvement (they have to be in motion, not at rest), but not a panacea. The problem is passwords... yeah, easy to state, hard to fix.