Since the release of PS3 Firmware v3.55 there is no sense in keeping the master key a secret any more - it has been released, along with unencrypted payloads, and a promise to release the source-code by PS3YES. Of note, the downgrade hex will only work on PS3's with a firmware of 3.50 or below.
The same team which brought the PSN spoof for online support of jailbreaks now has also brought us a Free Downgrade HEX for the PS3! PS3YES has released un-encrypted HEX files for downloading.
Of note, The master key has been stated to be:
PS3YES has stated, to quote:
"Our downgrade firmware is based on the PSGrade project, we will open the source soon.
Support for the following:
PS3YES AT90USB162 8mhz
PS3YES AT90USB162 16mhz
AT90USBKEY at90usb1287 8mhz
Teensy++ 1.0 at90usb646 16mhz
Teensy++ 2.0 at90usb1286 16mhz
Remember PS3YES were the first to release that PSN Hack that lasted a week on their Chinese forums!
Also sadly v3.55 is out so you can only use this great release to Downgrade v3.50 or LOWER firmwares!
NOTE: Importing the HEX to other devices using current payload converters will NOT work!"

The same team which brought the PSN spoof for online support of jailbreaks now has also brought us a Free Downgrade HEX for the PS3! PS3YES has released un-encrypted HEX files for downloading.
Of note, The master key has been stated to be:
Code:
04 4E 61 1B A6 A6 E3 9A 98 CF 35 81 2C 80 68 C7 FC 5F 7A E8
PS3YES has stated, to quote:
"Our downgrade firmware is based on the PSGrade project, we will open the source soon.
Support for the following:
PS3YES AT90USB162 8mhz
PS3YES AT90USB162 16mhz
AT90USBKEY at90usb1287 8mhz
Teensy++ 1.0 at90usb646 16mhz
Teensy++ 2.0 at90usb1286 16mhz
Remember PS3YES were the first to release that PSN Hack that lasted a week on their Chinese forums!
Also sadly v3.55 is out so you can only use this great release to Downgrade v3.50 or LOWER firmwares!
NOTE: Importing the HEX to other devices using current payload converters will NOT work!"
Download from here:
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