Does not say the functional network has to be existing. The fact it is being built is enough for that statement. Just like the government sells tokens for the new toll bridge being built - the token are not securities. Or buying apartments in an unbuilt apartment building being built (ie token of the coming apartment) are not securities.
Also other statements by that department has also ruled out maidsafecoin as a security
But I am not a lawyer and the securities department can rule against their own guidelines anyhow, so no statement by them can be used
That’s more what layer 2 (ie lightning network) is than sharding. In a sharded network, each shard would still keep the whole history for that shard, but the whole history of the network is split across different shards.
As far as pruning goes, I think mimble wimble is highly pruned by design, but forget the specifics of how. See the recently launched Grin network.
I agree that the Smart guy is not really trying to be objective here, but the Japanese journal makes clear that it is quoting him and have tried to explain his back story, so you can understand his sentiment.
Leave voters were gullible fools who somehow thought that being nasty to their Polish plumber would regain their Empire they lost decades ago.
As clear a signal as you could ever find that the voters of Middle England are ill-informed racist self-centred forelock-tugging tossers. And thats the objective view.
Would you like me to tell you what I really think of them?
Stupid clowns misled by by a bunch of tax-dodging toffs. Symptoms of the utter decay of English society, no wonder most Scots want nothing more to do with them. Happy to eat curry, not so happy to respect the people who gave them their curries - and so much more.