Yifan Lu, the hacker behind the famous Kindle jailbreak and PSXperia (which allows Xperia Play to run PlayStation games) has revealed that he is about to finish coding the first native homebrew loader for PSVita.
Unfortunately for some, Yifan Lu has made it clear that it is “physically impossible” to leverage his homebrew loader to run “backups” of commercial games. This is “because [a commercial] game is encrypted and again, physically impossible to decrypt or load retail games with my exploit.”
Yifan didn’t reveal any details about the exploit he used to get his loader to run in order to prevent Sony from patching it before the loader is released.
We will let you know as soon as the Native PSVita Homebrew Loader is released.