In the video above, you will learn how to jailbreak your Apple TV 4 running tvOS 9.1, 10.0, 10.0.1, or 10.1. Anything higher than that is not compatible.
To create an app-specific password, follow this tutorial.
More info on this jailbreak can be found here.
Things you will need
USB Type-C – Buy
Cydia Impactor – Download
IPA File – Download