diff --git a/CHANGELOG.md b/CHANGELOG.md
index 79f5cb99b9..84f10e6eba 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,9 @@
 
 #### Upcoming Changes
 
+* Optimizations for hash builtin [#1029](https://github.com/lambdaclass/cairo-rs/pull/1029):
+  * Track the verified addresses by offset in a `Vec<bool>` rather than storing the address in a `Vec<Relocatable>`
+
 * Add missing hint on vrf.json lib [#1000](https://github.com/lambdaclass/cairo-rs/pull/1000):
 
     `BuiltinHintProcessor` now supports the following hint:
diff --git a/src/vm/runners/builtin_runner/hash.rs b/src/vm/runners/builtin_runner/hash.rs
index 0d75f4e12f..639a9568e3 100644
--- a/src/vm/runners/builtin_runner/hash.rs
+++ b/src/vm/runners/builtin_runner/hash.rs
@@ -24,7 +24,9 @@ pub struct HashBuiltinRunner {
     pub(crate) instances_per_component: u32,
     // This act as a cache to optimize calls to deduce_memory_cell
     // Therefore need interior mutability
-    pub(self) verified_addresses: RefCell<Vec<Relocatable>>,
+    // 1 at position 'n' means offset 'n' relative to base pointer
+    // has been verified
+    pub(self) verified_addresses: RefCell<Vec<bool>>,
 }
 
 impl HashBuiltinRunner {
@@ -72,7 +74,11 @@ impl HashBuiltinRunner {
             .offset
             .mod_floor(&(self.cells_per_instance as usize))
             != 2
-            || self.verified_addresses.borrow().contains(&address)
+            || *self
+                .verified_addresses
+                .borrow()
+                .get(address.offset)
+                .unwrap_or(&false)
         {
             return Ok(None);
         };
@@ -89,7 +95,12 @@ impl HashBuiltinRunner {
             num_a.as_ref().map(|x| x.as_ref()),
             num_b.as_ref().map(|x| x.as_ref()),
         ) {
-            self.verified_addresses.borrow_mut().push(address);
+            if self.verified_addresses.borrow().len() <= address.offset {
+                self.verified_addresses
+                    .borrow_mut()
+                    .resize(address.offset + 1, false);
+            }
+            self.verified_addresses.borrow_mut()[address.offset] = true;
 
             //Convert MaybeRelocatable to FieldElement
             let a_string = num_a.to_str_radix(10);
@@ -404,7 +415,7 @@ mod tests {
         );
         assert_eq!(
             builtin.verified_addresses.into_inner(),
-            vec![Relocatable::from((0, 5))]
+            vec![false, false, false, false, false, true],
         );
     }
 
@@ -431,7 +442,7 @@ mod tests {
     fn deduce_memory_cell_pedersen_for_preset_memory_already_computed() {
         let memory = memory![((0, 3), 32), ((0, 4), 72), ((0, 5), 0)];
         let mut builtin = HashBuiltinRunner::new(Some(8), true);
-        builtin.verified_addresses = RefCell::new(vec![Relocatable::from((0, 5))]);
+        builtin.verified_addresses = RefCell::new(vec![false, false, false, false, false, true]);
         let result = builtin.deduce_memory_cell(Relocatable::from((0, 5)), &memory);
         assert_eq!(result, Ok(None));
     }