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You cannot "downgrade" to any version you want. You can only to the immediately preceding firmware version installed on your console. This is because the PS4's motherboard contains two "slots" for firmware: one for the current active version and one for the previous version as a failsafe. How a Legitimate Revert Works

: The PS4 stores only the current firmware and the immediately preceding version on its Syscon chip. A Windows .exe tool cannot bypass these hardware-level security checks. ps4 tool downgrade v100 exe download work

: Tools like the TNC++ or a Teensy board are required to interface with the chips and dump their data. You cannot "downgrade" to any version you want