How does using uniqid compare to md5 hashing for generating unique file names in PHP?

When generating unique file names in PHP, using uniqid() is a simpler and more efficient method compared to md5 hashing. Uniqid() generates a unique identifier based on the current timestamp and a random number, making it less likely to produce collisions. Md5 hashing, on the other hand, requires additional processing and can potentially lead to duplicate file names if not implemented correctly.

// Using uniqid() to generate unique file names
$uniqueFileName = uniqid() . '.jpg';
echo $uniqueFileName;