And finally, she fell. For the first time since its launch in Japan this November 16, 2006, Sony's console has been completely hacked. The team Failoverfl0w announced that it has the root key, the input to PS3.
What does this mean? As the root key can basically identify if the console is running software that is authentic and genuine, have access to those keys allows you to run pirated games and developing all kinds of software for the platform. It also means that Sony can not do anything about it, because any attempt to reverse it mean that all games so far would be unusable.
