If you are one of the lucky, wealthy or patient people that were able to get your hands on the new iPhone 4 from Verizon... one, I envy you & two, you are in desperate need of a jailbreak! Looks like you are lucky, YET AGAIN!
The Chronic-Dev Team has just released their newest version of greenpois0n, greenpois0n RC5 beta 4, that will safely jailbreak your Verizon iPhone (iOS 4.2.6) as well as the AT&T iPhone's (4.2.1).
Learn how to jailbreak your 4.2.1 devices and Verizon's iPhone 4 below.
