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HMD's Nokia Lumia remake with 108 MP PureView camera and Snapdragon 7s Gen 2 processor is in development
(www.notebookcheck.net)
TL;DR version:
We're still figuring out what our policies are regarding federation and moderation but illegal nasty shit is not allowed and it will never be and illegal non-nasty shit (I.E. software piracy, whistling a copyrighted song, etc ) is only allowed in external communities (for now).