diff --git a/ouroboros-network/CHANGELOG.md b/ouroboros-network/CHANGELOG.md
index 16f5ad9700a..3c142b7fd8a 100644
--- a/ouroboros-network/CHANGELOG.md
+++ b/ouroboros-network/CHANGELOG.md
@@ -76,6 +76,8 @@
 
 * Implemented Churn for bootstrap peers
 
+* Coalesced various diffusion configuration parameters in a new Configuration module which were scattered around previously
+
 ## 0.11.0.0 -- 2023-01-22
 
 ### Breaking changes
diff --git a/ouroboros-network/ouroboros-network.cabal b/ouroboros-network/ouroboros-network.cabal
index 6d3b27ff351..538ff0b2ad9 100644
--- a/ouroboros-network/ouroboros-network.cabal
+++ b/ouroboros-network/ouroboros-network.cabal
@@ -37,6 +37,7 @@ library
                        Ouroboros.Network.BlockFetch.State
                        Ouroboros.Network.DeltaQ
                        Ouroboros.Network.Diffusion
+                       Ouroboros.Network.Diffusion.Configuration
                        Ouroboros.Network.Diffusion.P2P
                        Ouroboros.Network.Diffusion.NonP2P
                        Ouroboros.Network.Diffusion.Policies
diff --git a/ouroboros-network/src/Ouroboros/Network/Diffusion/Configuration.hs b/ouroboros-network/src/Ouroboros/Network/Diffusion/Configuration.hs
new file mode 100644
index 00000000000..3a5e8e5d01b
--- /dev/null
+++ b/ouroboros-network/src/Ouroboros/Network/Diffusion/Configuration.hs
@@ -0,0 +1,122 @@
+{-# LANGUAGE NamedFieldPuns #-}
+
+module Ouroboros.Network.Diffusion.Configuration
+  ( DefaultNumBootstrapPeers (..)
+  , defaultNumBootstrapPeers
+  , defaultPeerSelectionTargets
+  , defaultAcceptedConnectionsLimit
+  , defaultDiffusionMode
+  , defaultPeerSharing
+  , defaultBlockFetchConfiguration
+  , defaultChainSyncTimeout
+    -- re-exports
+  , AcceptedConnectionsLimit (..)
+  , BlockFetchConfiguration (..)
+  , ChainSyncTimeout (..)
+  , MiniProtocolParameters (..)
+  , P2P (..)
+  , PeerSelectionTargets (..)
+  , PeerSharing (..)
+  , defaultMiniProtocolParameters
+  , deactivateTimeout
+  , closeConnectionTimeout
+  , peerMetricsConfiguration
+  , defaultTimeWaitTimeout
+  , defaultProtocolIdleTimeout
+  , defaultResetTimeout
+  , handshake_QUERY_SHUTDOWN_DELAY
+  , ps_POLICY_PEER_SHARE_STICKY_TIME
+  , ps_POLICY_PEER_SHARE_MAX_PEERS
+  ) where
+
+import System.Random (randomRIO)
+
+import Ouroboros.Network.BlockFetch (BlockFetchConfiguration (..))
+import Ouroboros.Network.ConnectionManager.Core (defaultProtocolIdleTimeout,
+           defaultResetTimeout, defaultTimeWaitTimeout)
+import Ouroboros.Network.Diffusion (P2P (..))
+import Ouroboros.Network.Diffusion.Policies (closeConnectionTimeout,
+           deactivateTimeout, peerMetricsConfiguration)
+import Ouroboros.Network.NodeToNode (MiniProtocolParameters (..),
+           defaultMiniProtocolParameters)
+import Ouroboros.Network.PeerSelection.Governor.Types
+           (PeerSelectionTargets (..))
+import Ouroboros.Network.PeerSelection.PeerSharing (PeerSharing (..))
+import Ouroboros.Network.PeerSharing (ps_POLICY_PEER_SHARE_MAX_PEERS,
+           ps_POLICY_PEER_SHARE_STICKY_TIME)
+import Ouroboros.Network.Protocol.ChainSync.Codec (ChainSyncTimeout (..))
+import Ouroboros.Network.Protocol.Handshake (handshake_QUERY_SHUTDOWN_DELAY)
+import Ouroboros.Network.Protocol.Limits (shortWait)
+import Ouroboros.Network.Server.RateLimiting (AcceptedConnectionsLimit (..))
+
+
+newtype DefaultNumBootstrapPeers = DefaultNumBootstrapPeers { getDefaultNumBootstrapPeers :: Int }
+  deriving (Eq, Show)
+
+defaultNumBootstrapPeers :: DefaultNumBootstrapPeers
+defaultNumBootstrapPeers = DefaultNumBootstrapPeers 30
+
+-- |Outbound governor targets
+--
+defaultPeerSelectionTargets :: PeerSelectionTargets
+defaultPeerSelectionTargets =
+  PeerSelectionTargets {
+    targetNumberOfRootPeers                 = 85,
+    targetNumberOfKnownPeers                = 85,
+    targetNumberOfEstablishedPeers          = 40,
+    targetNumberOfActivePeers               = 15,
+    targetNumberOfKnownBigLedgerPeers       = 15,
+    targetNumberOfEstablishedBigLedgerPeers = 10,
+    targetNumberOfActiveBigLedgerPeers      = 5 }
+
+-- |Inbound governor targets
+--
+defaultAcceptedConnectionsLimit :: AcceptedConnectionsLimit
+defaultAcceptedConnectionsLimit =
+  AcceptedConnectionsLimit {
+    acceptedConnectionsHardLimit = 512,
+    acceptedConnectionsSoftLimit = 384,
+    acceptedConnectionsDelay     = 5 }
+
+-- |Principal mode of network operation
+defaultDiffusionMode :: P2P
+defaultDiffusionMode = NonP2P
+
+-- |Node's peer sharing participation flag
+defaultPeerSharing :: PeerSharing
+defaultPeerSharing = PeerSharingDisabled
+
+-- | Configuration for FetchDecisionPolicy.
+defaultBlockFetchConfiguration :: Int -> BlockFetchConfiguration
+defaultBlockFetchConfiguration bfcSalt =
+  BlockFetchConfiguration {
+    bfcMaxConcurrencyBulkSync = 1,
+    bfcMaxConcurrencyDeadline = 1,
+    bfcMaxRequestsInflight    = fromIntegral $ blockFetchPipeliningMax defaultMiniProtocolParameters,
+    bfcDecisionLoopInterval   = 0.01, -- 10ms
+    bfcSalt }
+
+defaultChainSyncTimeout :: IO ChainSyncTimeout
+defaultChainSyncTimeout = do
+    -- These values approximately correspond to false positive
+    -- thresholds for streaks of empty slots with 99% probability,
+    -- 99.9% probability up to 99.999% probability.
+    -- t = T_s [log (1-Y) / log (1-f)]
+    -- Y = [0.99, 0.999...]
+    -- T_s = slot length of 1s.
+    -- f = 0.05
+    -- The timeout is randomly picked per bearer to avoid all bearers
+    -- going down at the same time in case of a long streak of empty
+    -- slots.
+    -- To avoid global synchronosation the timeout is picked uniformly
+    -- from the interval 135 - 269, corresponds to the a 99.9% to
+    -- 99.9999% thresholds.
+    -- TODO: The timeout should be drawn at random everytime chainsync
+    --       enters the must reply state. A static per connection timeout
+    --       leads to selection preassure for connections with a large
+    --       timeout, see #4244.
+    mustReplyTimeout <- Just . realToFrac <$> randomRIO (135,269 :: Double)
+    return ChainSyncTimeout { canAwaitTimeout  = shortWait,
+                              intersectTimeout = shortWait,
+                              mustReplyTimeout,
+                              idleTimeout      = Just 3673 }