Lyrium

The chain is being
rebuilt from the base up.

Mining and the web wallet are offline while that work happens. Nothing you hold has gone anywhere. This page is the only status Lyrium publishes, and it changes the day the facts do.

Follow the rebuild on Telegram What this means for holders

Last updated .

Why it is down

Two things landed at once. The first is regulatory. Under the EU's crypto rules, MiCA, selling a coin to the public and holding wallets on other people's behalf are regulated services, and the window for doing either without authorisation closed across the EU in 2026. Rather than keep taking payments and hosting keys with that unresolved, sales stopped and the web wallet came down.

The second is plainer. The chain needs core work, and doing it now, while nothing is live and nobody's coins are moving, costs holders nothing. Both roads lead the same way: a network that does not need anyone sitting in the middle of it, which is where this was always meant to end up.

How this gets reported

No dates are published here. Every roadmap date this project has ever printed created a deadline that mattered more to the reader than to the code, which is a bad trade.

Instead, the board above is the promise. A line moves when the thing is actually live and you can use it yourself. Until it moves, assume it is down.

Lyrium is not applying for a licence

From July 2027, EU rules bar a licensed provider from handling coins that hide transaction detail. Lyrium hides it by design, so a licence would mean either stripping the privacy out or promising something that could not be delivered. Neither is happening.

What is left is the part that was always the point: open source software, coins you hold yourself, mined by whoever shows up, and nobody sitting between you and your own balance. Holding a private coin and sending it to another person stays legal across the EU. It is the middlemen that are being regulated, and Lyrium is choosing not to be one.

If you are already holding

  • You hold LYR from the presale

    Your allocation was assigned in blocks, and that block record is preserved through the rebuild, so your balance is intact. There is nothing you need to do to keep it: no migration, no re-registration, no swap. If anyone asks you to move or send LYR to protect it, they are robbing you.

  • You were waiting to mine

    Mining opens in stages, the way it was set out at presale: Tier 1 supporters first, then Tier 2, then Tier 3, then open to anyone. Your tier is the one you bought into and nothing further is being sold to move up it. Each stage is announced here and on Telegram before it opens, so nobody has to watch for it.

  • You bought a Node Box

    Each box is built and configured for one specific network, so it cannot be finished until the rebuilt chain is locked down. Shipping a box now would mean shipping hardware that needs opening up again later. Your order is held, not lost, and Telegram gets you a straight answer on yours.

  • Someone is offering you LYR

    There is no live network, which means there is nothing to trade on it. Any listing, bridge, migration tool or new presale round offering LYR right now is not us.

The design has not changed

The rebuild is engineering, not a new coin. The properties the project was started for are the ones being rebuilt around.

Protocol
CryptoNoteProof of work
Algorithm
CryptoNight-UPXASIC resistant
Block time
60 secondsLWMA difficulty
Total supply
500,000,000,000 LYR
Distribution
96% mined4% presale, 0% team
Privacy
Default, not optionalRing signatures, stealth addresses

Emission runs in two phases: a fifteen year primary phase, then a small perpetual tail so that miners still have a reason to secure the chain once the bulk is distributed.

What comes back, in what order

Each step needs the one above it working first, which is why the sequence is not negotiable. Status here matches the board at the top of the page.

  1. Daemon and networkNodes talking, blocks moving, difficulty behaving
    In progress
  2. Block explorerSo the chain can be watched from outside
    Waiting
  3. Pool and miningTier 1 first, then Tier 2, Tier 3, then everyone
    Waiting
  4. WalletsSelf-custody only, keys generated and kept on your device
    Waiting
  5. Balances livePresale LYR spendable on the new chain
    Waiting
  6. Node BoxBuilt to the final spec, then shipped
    Waiting

Getting told when it changes

Everything lands in the Telegram group first. When a line on the board above moves, it is posted there the same day, and questions get answered there by the people doing the work.

Join the Telegram group Follow on X

There is no Lyrium mailing list. If an email arrives claiming to be an official update, it did not come from us.