The video tutorial introduces Medusa, a fast and parallel modular login brute forcer, and compares it to Hydra. It explains how to use Medusa for password cracking by providing commands and options. The tutorial demonstrates the process of cracking a password using the rockyou.TXT word list, highlighting Medusa's efficiency in attempting numerous passwords until success.

What is the significance of the rockyou.TXT file in the context of using Medusa?

Describe the process Medusa follows to crack a password.