diff --git a/go.mod b/go.mod
index 655228de67..73b53a828e 100644
--- a/go.mod
+++ b/go.mod
@@ -36,7 +36,7 @@ require (
 	github.com/multiformats/go-multiaddr v0.5.0
 	github.com/multiformats/go-multiaddr-dns v0.3.1
 	github.com/multiformats/go-multihash v0.1.0
-	github.com/multiformats/go-multistream v0.3.0
+	github.com/multiformats/go-multistream v0.3.1
 	github.com/multiformats/go-varint v0.0.6
 	github.com/raulk/go-watchdog v1.2.0
 	github.com/stretchr/testify v1.7.0
diff --git a/go.sum b/go.sum
index d67d449db7..9131b90117 100644
--- a/go.sum
+++ b/go.sum
@@ -640,8 +640,8 @@ github.com/multiformats/go-multihash v0.1.0 h1:CgAgwqk3//SVEw3T+6DqI4mWMyRuDwZtO
 github.com/multiformats/go-multihash v0.1.0/go.mod h1:RJlXsxt6vHGaia+S8We0ErjhojtKzPP2AH4+kYM7k84=
 github.com/multiformats/go-multistream v0.1.1/go.mod h1:KmHZ40hzVxiaiwlj3MEbYgK9JFk2/9UktWZAF54Du38=
 github.com/multiformats/go-multistream v0.2.1/go.mod h1:5GZPQZbkWOLOn3J2y4Y99vVW7vOfsAflxARk3x14o6k=
-github.com/multiformats/go-multistream v0.3.0 h1:yX1v4IWseLPmr0rmnDo148wWJbNx40JxBZGmQb5fUP4=
-github.com/multiformats/go-multistream v0.3.0/go.mod h1:ODRoqamLUsETKS9BNcII4gcRsJBU5VAwRIv7O39cEXg=
+github.com/multiformats/go-multistream v0.3.1 h1:GQM84yyQ5EZB9l0p5+5eDwFoQgwHI2tLmYGpaWlLF/U=
+github.com/multiformats/go-multistream v0.3.1/go.mod h1:ODRoqamLUsETKS9BNcII4gcRsJBU5VAwRIv7O39cEXg=
 github.com/multiformats/go-varint v0.0.1/go.mod h1:3Ls8CIEsrijN6+B7PbrXRPxHRPuXSrVKRY101jdMZYE=
 github.com/multiformats/go-varint v0.0.2/go.mod h1:3Ls8CIEsrijN6+B7PbrXRPxHRPuXSrVKRY101jdMZYE=
 github.com/multiformats/go-varint v0.0.5/go.mod h1:3Ls8CIEsrijN6+B7PbrXRPxHRPuXSrVKRY101jdMZYE=
diff --git a/p2p/host/basic/basic_host.go b/p2p/host/basic/basic_host.go
index 6b797b13ac..5a5f039a58 100644
--- a/p2p/host/basic/basic_host.go
+++ b/p2p/host/basic/basic_host.go
@@ -376,7 +376,7 @@ func (h *BasicHost) newStreamHandler(s network.Stream) {
 		}
 	}
 
-	lzc, protoID, handle, err := h.Mux().NegotiateLazy(s)
+	protoID, handle, err := h.Mux().Negotiate(s)
 	took := time.Since(before)
 	if err != nil {
 		if err == io.EOF {
@@ -392,11 +392,6 @@ func (h *BasicHost) newStreamHandler(s network.Stream) {
 		return
 	}
 
-	s = &streamWrapper{
-		Stream: s,
-		rw:     lzc,
-	}
-
 	if h.negtimeout > 0 {
 		if err := s.SetDeadline(time.Time{}); err != nil {
 			log.Debugf("resetting stream deadline: ", err)
diff --git a/p2p/net/mock/mock_test.go b/p2p/net/mock/mock_test.go
index 44bfe561df..f99d82c9db 100644
--- a/p2p/net/mock/mock_test.go
+++ b/p2p/net/mock/mock_test.go
@@ -3,10 +3,8 @@ package mocknet
 import (
 	"bytes"
 	"context"
-	"errors"
 	"io"
 	"math"
-	"math/rand"
 	"sync"
 	"testing"
 	"time"
@@ -311,100 +309,6 @@ func TestStreams(t *testing.T) {
 
 }
 
-func performPing(t *testing.T, st string, n int, s network.Stream) error {
-	t.Helper()
-
-	defer s.Close()
-
-	for i := 0; i < n; i++ {
-		b := make([]byte, 4+len(st))
-		if _, err := s.Write([]byte("ping" + st)); err != nil {
-			return err
-		}
-		if _, err := io.ReadFull(s, b); err != nil {
-			return err
-		}
-		if !bytes.Equal(b, []byte("pong"+st)) {
-			return errors.New("bytes mismatch")
-		}
-	}
-	return nil
-}
-
-func TestStreamsStress(t *testing.T) {
-	ctx := context.Background()
-	nnodes := 100
-	if race.WithRace() {
-		nnodes = 30
-	}
-
-	mn, err := FullMeshConnected(nnodes)
-	if err != nil {
-		t.Fatal(err)
-	}
-	defer mn.Close()
-
-	errs := make(chan error)
-
-	hosts := mn.Hosts()
-	var wg sync.WaitGroup
-	for _, h := range hosts {
-		h.SetStreamHandler(protocol.TestingID, func(s network.Stream) {
-			const st = "pingpong"
-			defer wg.Done()
-			defer s.Close()
-
-			for {
-				b := make([]byte, 4+len(st))
-				if _, err := io.ReadFull(s, b); err != nil {
-					if err == io.EOF {
-						return
-					}
-					errs <- err
-				}
-				if !bytes.Equal(b, []byte("ping"+st)) {
-					errs <- errors.New("bytes mismatch")
-				}
-				if _, err := s.Write([]byte("pong" + st)); err != nil {
-					errs <- err
-				}
-			}
-		})
-	}
-
-	for i := 0; i < 1000; i++ {
-		wg.Add(2)
-		go func(i int) {
-			defer wg.Done()
-			var from, to int
-			for from == to {
-				from = rand.Intn(len(hosts))
-				to = rand.Intn(len(hosts))
-			}
-			s, err := hosts[from].NewStream(ctx, hosts[to].ID(), protocol.TestingID)
-			if err != nil {
-				log.Debugf("%d (%s) %d (%s)", from, hosts[from], to, hosts[to])
-				panic(err)
-			}
-
-			log.Infof("%d start pinging", i)
-			errs <- performPing(t, "pingpong", rand.Intn(100), s)
-			log.Infof("%d done pinging", i)
-		}(i)
-	}
-
-	go func() {
-		wg.Wait()
-		close(errs)
-	}()
-
-	for err := range errs {
-		if err != nil {
-			t.Fatal(err)
-		}
-	}
-}
-
 func TestAdding(t *testing.T) {
 	mn := New()
 	defer mn.Close()