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Requirements:
# iOS Device (Mine is 4S, may work for other devices too)
# Windows 10
# Latest iTunes
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Steps:
# Go to "C:\Windows\System32\drivers\etc"
# Right Click on the file called "hosts"
# Paste anywhere you want
# Plug your iPhone to your Computer
# Open iTunes
# Try restoring, 100% Worked for me.
# Move the "hosts" file (you moved in step 2) to "C:\Windows\System32\drivers\etc" after restoring your iPhone.
#