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Lean, clean snippet machine

What encryption algorithm does Caboodle use? Is it safe?

Caboodle uses the standard Blowfish algorithm for encryption. There are no known exploits of Blowfish, so it should be plenty safe, provided of course you choose a password that people couldn't easily guess.

To quote Wikipedia:

Blowfish is a keyed, symmetric block cipher, designed in 1993 by Bruce Schneier and included in a large number of cipher suites and encryption products. Blowfish provides a good encryption rate in software and no effective cryptanalysis of it has been found to date.

Read about Blowfish on Wikipedia.