RFC 4122 UUID Versions:

1 — Datetime and MAC based
48-bit MAC address, 60-bit timestamp, 13-14 bit uniquifying sequence

2 — Datetime and MAC based with DCE security
8 least significant clock sequence numbers and least significant 32 bits of timestamp. RFC doesn’t reallly provide details on DCE security

3 — Hashed Namespace
MD5 hash of namespace

4 — Random
6 pre-determined bits (4 bits for version, 2-3 bits for variant 1 or 2) and 122 bits for 2^122 possible v4 variant 1 UUIDs

5 — Hashed Namespace
SHA-1 hash of namespace

In my case, I hesitate to use a v1 or v2 UUID because I have scripts executing in cron on the same host. The probability of the function being called at the same microsecond time seems higher than the pseudo-random number generator popping the same value in the handful of hours for which the UUIDs will be persisted for deduplication.

v3 or v5 UUIDs are my fallback position if we’re seeing dups in v4 — the namespace would need to glom together the script name and microsecond time to make a unique string when multiple scripts are running the function concurrently.