PS3 hack is 95% software, 5% hardware
Speaking to the BBC, Geohot has revealed that his PS3 hack is around 95 percent software based and 5 percent hardware based. Moreover, he said his hack could be used for a variety of things including homebrew, PS2 games and piracy (of which the latter he is not supporting).
Mr Hotz said that he had begun the hack last summer when he had spent three weeks analysing the hardware.
After a long break, he spent a further two weeks cracking the console, which he described as a "very secure system".
He said that he was not yet ready to reveal the full details of the hack but said that it was "5% hardware and 95% software".
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GeoHot tells BBC: I can do whatever I want with PS3 and nothing is unhackable
Self proclaimed PS3 hacker George Hotz has told the
Self proclaimed PS3 hacker George Hotz has told the BBC that he can do whatever he wants with the PS3 and it's just like he has an 'awesome new power'. Likewise, he added that he hasn't FULLY hacked the system but can TRICK it to do anything.
"It's supposed to be unhackable - but nothing is unhackable," Mr Hotz told BBC News.
"I can now do whatever I want with the system. It's like I've got an awesome new power - I'm just not sure how to wield it."
Sony said it was "investigating the report" and would "clarify the situation" when it had more information.
Mr Hotz said that he was continuing to work on the hack and, once finished, would publish details online in a similar way to his previous iPhone exploits.
In particular, he said, he would publish details of the console's "root key", a master code that once known would make it easier for others to decipher and hack other security features on the console.
He said his motivation was "curiosity" and "opening up the platform".
"To tell you the truth, I've never really played a PS3," he said. "I have one game, but I've never really played it."
Opening the system could allow people to install other operating systems on their console and play homemade games, he said.
In addition, he said, the hack would allow people to play older PS2 games on their consoles.
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Sony 'looking into' PS3 hack allegations
According to reports, a Sony spokesperson is 'investigating' reports that the PS3 has been hacked and indicates that they will clarify the situation as soon as they have the information. So essentially, a pretty blank statement.
We contacted Sony and a spokesperson confirmed that the company is looking into the issue.
"We are investigating the report and will clarify the situation once we have more information," said the statement.
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PSP hacker Math confirms Geohot PS3 hack is the REAL DEAL
Well known PSP hacker and Dark_Alex's right hand man previously 'Mathieulh' has confirmed to us that Geohot's PS3 exclusive is indeed the real deal. He didn't want us to publish exactly why he knows it is the real deal, but let's just say he has some first hand evidence ;).