• 4am@lemmy.zip
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    4 hours ago

    Maybe I am missing something but I think you answers your own question?

    ROM is Level 0, it has the burned-in, permanent key. It hashes and verifies the Level 1 bootloader, on disk, signed with the ROM key.

    Now that the ROM key is known, anyone can sign a PS5 bootloader; and you can pretty much do whatever you want from there.

    It would seem that all existing PS5s just went up in value.