No, API keys are hexadecimal based on a written agreement.
API keys are UUID based.
"UUIDs are documented as part of ISO / IEC 11578: 1996" Information technology. Open Systems Interconnection - Remote Procedure Call (RPC) ", and most recently in ITU-T Rec. X.667 | ISO / IEC 9834-8: 2005, the IETF published Track Standard RFC 4122, which is technically equivalent to ITU-T Rec. X .667 | ISO / IEC 9834-8. "
The MD5 keys used for most APIs are a version of the UUID.
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