diff --git a/ArchiSteamFarm/ASF.cs b/ArchiSteamFarm/ASF.cs
index c55532ba4..d6ecc834c 100644
--- a/ArchiSteamFarm/ASF.cs
+++ b/ArchiSteamFarm/ASF.cs
@@ -26,6 +26,7 @@ using System.Collections.Immutable;
 using System.IO;
 using System.IO.Compression;
 using System.Linq;
+using System.Security.Cryptography;
 using System.Text;
 using System.Threading;
 using System.Threading.Tasks;
@@ -142,7 +143,16 @@ namespace ArchiSteamFarm {
 
 			GlobalConfig = globalConfig;
 
-			string webProxyText = !string.IsNullOrEmpty(globalConfig.WebProxyText) ? "-" + BitConverter.ToString(Encoding.UTF8.GetBytes(globalConfig.WebProxyText)).Replace("-", "") : "";
+			string webProxyText = "";
+
+			if (!string.IsNullOrEmpty(globalConfig.WebProxyText)) {
+				// The only purpose of using hashingAlgorithm here is to cut on a potential size of the resource name - paths can be really long, and we almost certainly have some upper limit on the resource name we can allocate
+				// At the same time it'd be the best if we avoided all special characters, such as '/' found e.g. in base64, as we can't be sure that it's not a prohibited character in regards to native OS implementation
+				// Because of that, MD5 is sufficient for our case, as it generates alphanumeric characters only, and is barely 128-bit long. We don't need any kind of complex cryptography or collision detection here, any hashing algorithm will do, and the shorter the better
+				using MD5 hashingAlgorithm = MD5.Create();
+
+				webProxyText = "-" + BitConverter.ToString(hashingAlgorithm.ComputeHash(Encoding.UTF8.GetBytes(globalConfig.WebProxyText))).Replace("-", "");
+			}
 
 			ConfirmationsSemaphore ??= OS.CreateCrossProcessSemaphore(nameof(ConfirmationsSemaphore) + webProxyText);
 			GiftsSemaphore ??= OS.CreateCrossProcessSemaphore(nameof(GiftsSemaphore) + webProxyText);