If you are familiar with installing custom ROMs to your device or owned a Yu device such as Yutopia, Yuphoria, Yureka or even the famous OnePlus One, then you much be well versed with the name Cyanogen. Probably the biggest custom ROM community, Cyanogen Inc has now announced that it is shutting down a majority of its operations including the famous CyanogenMod. While Cyanogen Inc. will still continue to run the Cyanogen Modular OS program, all of the remaining services including the CyaongenMod is now dead. To further brief you out, CyanogenMod has a ton of developers who would make possible a new Android Versioned Custom ROM way before it was released for a particular device. 
As per the official blog post, starting 1st January 2017, all the devices running on CyanogenMod will not receive any nightly updates. Further, all the data and links nightly and stable ROMs have already been taken down. Not only this, the entire CyanogenMod team including the founder Steve Kondik himself will not continue official development on this open source distribution project. This is because all the monetary and infrastructural support for CyanogenMod from Cyanogen Inc. will cease. And even if the community manages to find another alternative for developers the problem will be half solved as there are few potential legal issues as well that is involved in this dissolution.
Interestingly, CyanogenMod will now be rebranded as LineageOS in a hope to retain all that for what CyanogenMod was famous for. In order to do so, we expect the team behind this project to take a lot if inspiration from now dead CyanogenMod while developing the new infrastructure (website).
Well, we don’t know if LineageOS can continue to hold the legacy created by CyanogenMod. If you ask us, it all depends on the support it receives from the developer community. Nevertheless, we hope LineageOS becomes an even bigger community of Android Distribution Project while we will always miss CyanogenMod.