iPhone hackers p0sixninja and pod2g have worked together in order to create a tethered jailbreak known as ‘SHAtter’. SHAtter along with PwnageSHAtter to jailbreak all iOS 4.1 devices 2.0 and 24kpwn will make all iOS 4.1 devices (iPhone 4,iPod touch 4G and iPad)  pwned for life! All Apple iOS 4.1 devices produced before the release of this exploit will be free forever. Apple will not be able to patch this exploit with a software update, instead it will require Apple to release completely revised hardware for iPhone, iPad and iPod touch.Unfortunately , this tethered jailbreak  i.e. you will need  to connect your  device to your computer on every reboot. Check out  the information Will Strafach included in his post:

SHAtter-jailbreak

  • We have not yet announced if this is tethered or untethered.
  • We have not yet announced details about the exploit.
  • Anything you read saying it is one of the above in definite terms is just speculation, again, we have not given official word about the tether status or any details regarding the exploit used.

We will keep this post up to date with  information about the download  soon! So stay tuned to Tips Needed.