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If I am not certain it was created somewhere around 1985. A JTAG( Joint Test Action Group ) industry formed in 1985 developed a method to test populated circuit boards after manufacture.
However, I believe it was tmbinc, free60, and their team who where the first to make the actual Xbox360 "JTAG" back in 2005.
Joint Test Action Group:
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The list of people who I have heard accused of making the first JTAG:
1. Microsoft when they made a "Dev Kit"
2.Bill Gates :rotfl:
3. Rogue Microsoft Employee
4. Jester
5. King Exploit
6. And the most notorious Chuck Norris :lol:
If I am wrong will somebody please fill me in as I want to make sure this is 100% correct.