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See: http://www.psxhax.com/threads/ps4-update-bypasser-psproxy-by-red-eyex32-to-bypass-psn-updates.550/
Following his PlayStation 4 Trophy (PS4 .TRP File) Extractor and PS3 LV1.ELF Embedded Files Extractor, PlayStation 4 developer Red-EyeX32 released a PS4 Update Bypasser application called PSProxy to bypass PSN Firmware Updates for PlayStation 4 owners... with a PS3 version coming next!
To quote: Hello NextGenUpdate, As I promised, I have made a Playstation 4 update bypasser. This little utility will allow you to bypass the 3.55 update making your system stay on a lower firmware.
Currently this has only been tested on a US console on a 3.50 firmware. To make this work for EU users all you have to do is edit the ps4-updatelist.xml included inside the .rar file from "us" to "eu". Also don't mind the PSP/PS3 Mode as those haven't been tested yet.
Instructions:
Changes in v2.0.0.0 update:
Following his PlayStation 4 Trophy (PS4 .TRP File) Extractor and PS3 LV1.ELF Embedded Files Extractor, PlayStation 4 developer Red-EyeX32 released a PS4 Update Bypasser application called PSProxy to bypass PSN Firmware Updates for PlayStation 4 owners... with a PS3 version coming next!
To quote: Hello NextGenUpdate, As I promised, I have made a Playstation 4 update bypasser. This little utility will allow you to bypass the 3.55 update making your system stay on a lower firmware.
Currently this has only been tested on a US console on a 3.50 firmware. To make this work for EU users all you have to do is edit the ps4-updatelist.xml included inside the .rar file from "us" to "eu". Also don't mind the PSP/PS3 Mode as those haven't been tested yet.
Instructions:
- Press start on the utility.
- Add IP and Port to the PS4.
- Sign-In to PSN
- Profit?
Changes in v2.0.0.0 update:
- Added "Copy" to Log List by right clicking the list.
- You can now export the log by right clicking.
- Few bug fixes. (Adding PS3 support next update)