Jquery show/hide password

Question

Below Jquery is working fine but How could I shorten this Jquery? I have to show and hide the password for password and confirmed password? https://jsfiddle.net/c5cvLo54/1/

Answer 1

<script>
        
        $(document).ready(function(){

            $('#btn').click(function(){

                var paswd= $('#password');
                if(paswd.attr("type")== "password"){

                    paswd.attr("type","text");

                    $('#btn').attr("value","hide");
                    
                }
                else{
                        paswd.attr("type","password");

                        $('#btn').attr("value","show");
                }
            })
        });
    
       
    </script>