The PS4 can't take a rest when speaking about Kernel Exploits and other Researches from the great Developers out there. So there is no suprise that there is still a research for newer System Firmwares - so as Developer @SpecterDev does with System Firmware 5.05. Those Exploits are still in development since it was previewed by himself for the next few weeks but what this makes so interesting is, that he doesn't preview a Kernel Exploit only, but also other useful Tools including some for Homebrew Development. This is a good step in the right direction since the PS4 is still lacking behind other previous Consoles released by Sony and other actual Consoles as well, when speaking about Homebrew.
As already mentioned, it looks like that the whole process is still in it's early stages but the second Message regarding Homebrew Development for the PS4 looks promising, althought not much is known at the moment. Since there is still a SDK missing for developing some proper Homebrew, maybe we could see a kind off "Basic SDK" as a start, similar to PSL1GHT for the PS3 back when the PS3 showed it's full potential with some cool and useful Homebrew Applications released.
More important is that there is still some progress ongoing and the full potential is still unknown. And when other Developers are working on a new Version for multiMAN for example, then the PS4 will be guaranteed to see a bright future similar to it's predecessor - as a good Homebrew Console.
What do you think about which useful Homebrew the PS4 should get released? Any suggestions? You are welcome to discuss this here.
Source: Twitter @SpecterDev