Based on what I've been reading, the new exploit revealed today is basically a total destruction of the ps3's security, similar to the psp. I don't entirely understand the precise technical details, and someone please correct me if I'm wrong, but it basically boils down to this:
A flaw in the code allowed hackers to reverse engineer the encryption keys. Now homebrew can be signed to appear as official Sony software, whether it's a homebrew app, a firmware update, a cheat program, or a backup loader. All without any sort of modchip or dongle. And furthermore, this exploit is basically unfixable because changing the key would break all existing software, and that's obviously not going to happen.
So while this breaks the system wide open for other OS support and other benevolent uses, it basically breaks the gates wide open for easy piracy and likely widespread cheating on PSN. So depending on your POV, either the golden age or the dark age has arrived.
Personally I hope more than anything this just accelerates the development of the PS4. the wii has been thoroughly hacked for years...only the 360 really remains secure. Surprised it took as long as it did honestly.
A flaw in the code allowed hackers to reverse engineer the encryption keys. Now homebrew can be signed to appear as official Sony software, whether it's a homebrew app, a firmware update, a cheat program, or a backup loader. All without any sort of modchip or dongle. And furthermore, this exploit is basically unfixable because changing the key would break all existing software, and that's obviously not going to happen.
So while this breaks the system wide open for other OS support and other benevolent uses, it basically breaks the gates wide open for easy piracy and likely widespread cheating on PSN. So depending on your POV, either the golden age or the dark age has arrived.
Personally I hope more than anything this just accelerates the development of the PS4. the wii has been thoroughly hacked for years...only the 360 really remains secure. Surprised it took as long as it did honestly.