Everyone who wants a jailbreak, update your devices to iOS 8.1 now while you can. 8.1.1 patches the current Pangu exploit.
It's unclear if the PanguTeam has another exploit which can be used for iOS 8.1.1 so we strongly recommend that you update to iOS 8.1 and jailbreak while you still can.
You can find instructions on how to jailbreak your device via the iClarified Jailbreak Wizard.
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