[c#] ASP.NET Identity's default Password Hasher - How does it work and is it secure?

Here is how the default implementation (ASP.NET Framework or ASP.NET Core) works. It uses a Key Derivation Function with random salt to produce the hash. The salt is included as part of the output of the KDF. Thus, each time you "hash" the same password you will get different hashes. To verify the hash the output is split back to the salt and the rest, and the KDF is run again on the password with the specified salt. If the result matches to the rest of the initial output the hash is verified.

Hashing:

public static string HashPassword(string password)
{
    byte[] salt;
    byte[] buffer2;
    if (password == null)
    {
        throw new ArgumentNullException("password");
    }
    using (Rfc2898DeriveBytes bytes = new Rfc2898DeriveBytes(password, 0x10, 0x3e8))
    {
        salt = bytes.Salt;
        buffer2 = bytes.GetBytes(0x20);
    }
    byte[] dst = new byte[0x31];
    Buffer.BlockCopy(salt, 0, dst, 1, 0x10);
    Buffer.BlockCopy(buffer2, 0, dst, 0x11, 0x20);
    return Convert.ToBase64String(dst);
}

Verifying:

public static bool VerifyHashedPassword(string hashedPassword, string password)
{
    byte[] buffer4;
    if (hashedPassword == null)
    {
        return false;
    }
    if (password == null)
    {
        throw new ArgumentNullException("password");
    }
    byte[] src = Convert.FromBase64String(hashedPassword);
    if ((src.Length != 0x31) || (src[0] != 0))
    {
        return false;
    }
    byte[] dst = new byte[0x10];
    Buffer.BlockCopy(src, 1, dst, 0, 0x10);
    byte[] buffer3 = new byte[0x20];
    Buffer.BlockCopy(src, 0x11, buffer3, 0, 0x20);
    using (Rfc2898DeriveBytes bytes = new Rfc2898DeriveBytes(password, dst, 0x3e8))
    {
        buffer4 = bytes.GetBytes(0x20);
    }
    return ByteArraysEqual(buffer3, buffer4);
}

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