Skuto writes "NIST just announced the final selection of algorithms in the SHA-3 hash competition. The algorithms that are candidates to replace SHA-2 are BLAKE, Grøstl, JH, Keccak and Skein. The selection criteria included performance in software and hardware, hardware implementation size, best known attacks and being different enough from the other candidates. Curiously, some of the faster algorithms were eliminated as they were felt to be 'too fast to be true.' A full report with the (non-)selection rationale for each candidate is forthcoming."