Command to Track Progress of iPhone's Restoration
The below comes in handy, since Finder on MacOS Catalina (10.15.6) does not show iPhone's restoration progress:
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Open Terminal from Application in Finder or via typing "Terminal" in Spotlight (hotkey: cmd + space)
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Copy and paste the following command, dollar sign ($) excluded, to Terminal then hit the return/enter key
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Restore the iPhone from backup and monitor the progress from Terminal B-)