What are the potential risks of using a time-based salt in PHP password hashing?

Using a time-based salt in PHP password hashing can potentially lead to security vulnerabilities if the salt is predictable or not sufficiently random. To mitigate this risk, it is recommended to use a cryptographically secure random salt generation method to enhance the security of the password hashing process.

// Generate a cryptographically secure random salt
$salt = openssl_random_pseudo_bytes(16);

// Hash the password using the generated salt
$hashed_password = password_hash($password, PASSWORD_DEFAULT, ['salt' => $salt]);

// Verify the password
if (password_verify($password, $hashed_password)) {
    echo 'Password is valid!';
} else {
    echo 'Invalid password.';
}