157w ago - Earlier today the PS3Break PS3 Downgrader was announced, and now the x3Max Team has made available a video of their PS JailBreak clone PS3 modchip dongle in action running PlayStation 3 homebrew on Firmware 3.50 without downgrading!
To quote from kbx.org (linked above): I was talking to one of the support staff from x3max and they notified me about their new downgrader which they are going to release later today. They have provided me with a video which shows the x3downgrade. I will update the blog when they send me files.
Seems like they got an device which can run homebrew on 3.50 but i think they are releasing an downgrader as well as the support guy told me.
Finally, from the video's caption: The 3.50 firmware is now Jailbreaked, no more need to downgrade !
The dongle can launch homebrews on PS3 with 3.50 firmware, without downgrade !
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These news actually do mean that it's gone open source. The PS3Break is just an ATMEL (or PIC, depends which version you have) chip with a USB stick directly built onto it. There will probably be no encryption as (kinda ashamed to say this as PS3break is my way of jbing my ps3) the PS3Break team kind of does nothing except take other homebrewers' stuff, put it in their firmware and publish it on their site.
The PS3Break team doesn't code, but meh. Great news that this is coming. The best encryption they can do is put the truth inquiry code found on the box of the PS3Break and have it required for the downgrade, but that can be bypassed or a generator can be made for a key if someone finds out the algorithm of the truth inquiry code.
Expect every board to have the downgrader option VERY soon.