TheFlow won't give you a goodnight hug or anything bro. He's just an industry rat and nothing else.This is likely a troll account. Those people that you mentioned have no obligations to report their exploits to the community. Also these exploits require lots of research and time that can end up to months to be fully realized. Their work needs to be profitable to them somehow and obv the work will go to the highest bidder because they live in the same world as you where they pay for the cost of living. Yes, there are community donations but that amounts to NOTHING to what bug bounty programs offers. The bug bounty is also a good thing that it exist because it actually motivates more people to search for exploits. It is true that those will be reported to Sony but these exploits are likely to be disclosed at some point, so the community still profits on the long run.
I feel like nowdays people feel entitled to anything which creates of this misconception of people like TheFlow being "a rat".
It is the best of both words. Also i don't get it why you care about GoldHEN with PSN. It just ruins the online experience like it did in PS3 COD games. There are exceptions like cool modders who do add cool stuff, but that is very rare.
EDIT: Cheating is still possible on consoles but at least is not as accessible as system cheats. You need to pay like 70-80 bucks to buy those anti-recoil devices that you use for the controller. And if you get banned GG, you can't do anything whereas with a hacked system you can just spoof your console to appear as a different one
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If you want to know the technicality of what the Update blocker for PS4 does, it creates a folder with the name of the update file and that prevents the system from downloading the update since the system doesn't know what to do. I am not sure if at one point Sony patched it by clearing the entire folder if updates fail to download.
No one is profiting because the PS4 is literally useless without PSN access. It means no DLC, no patches (generally, sometimes people can backport those but not likely) and thus no real GAME. Who cares about "mods" on a base version with no content? No one. Literally no one.
Homebrew is useless because it again requires PC access which CAN DO ALL OF IT BETTER.
It isn't the PS3 era or PSP or even 3DS. It's different. No PSN is useless.