A set containing the names of the hash algorithms that are available in the running Python interpreter. These names will be recognized when passed to new(). algorithms_guaranteed will always be a subset. The same algorithm may appear multiple times in this set under different names (thanks to OpenSSL).
A generic constructor that takes the string name of the desired algorithm as its first parameter. It also exists to allow access to the above listed hashes as well as any other algorithms that your OpenSSL library may offer. The named constructors are much faster than new() and should be preferred.