As most of you probably know, team Fail0verfl0w announced at the German Chaos Computer Congress that they completely broke the PS3 security, by finding the signing keys used by Sony on the system.

In clear words, they are able to sign content and have a (non hacked) PS3 believe this content is signed by Sony (and therefore the PS3 will run anything you want).

I have received many contacts from people asking me if this would have an impact on the PSP. After all, the PS3 is able to run (decrypt) some PSP games, activate PSP content (like Media Go), and overall there is such a symbiosis between the PS3 and the PSP that we can’t help but ask ourselves: “what if the PSP keys were also available on the PS3?”

Well, it seems the question was legitimate, as Mathieulh announced on Twitter that he can now sign PSP content.

For those who wonder what this means, well simply put: no need for any exploit, HBL, or HEN  in the future, as we will (?) be able to run our homebrews directly from the XMB without any hack. That is, if Mathieu releases his code.

If you still didn’t get it, this is a major breakthrough, with an impact similar to the pandora batteries and the first CFW on the PSP

Congrats Mathieu! Any plan for a release? 🙂

source: twitter via psp-hacks.com, thanks to Lune for the tip!

Warning: I want to add that console hacking teams do not work for money. People like MathieuLH or the team fail0verfl0w will NOT ask you for money in exchange for their work. If their work ever gets released, it will be available for free. Don’t get tricked by fakers (there are lot of fake failoverflow accounts on youtube apparently)