diff --git a/examples/pnet-ipfs/index.js b/examples/pnet-ipfs/index.js
deleted file mode 100644
index 1df94171..00000000
--- a/examples/pnet-ipfs/index.js
+++ /dev/null
@@ -1,145 +0,0 @@
-/* eslint no-console: ["off"] */
-'use strict'
-
-const IPFS = require('ipfs')
-const assert = require('assert').strict
-const { generate: writeKey } = require('libp2p/src/pnet')
-const path = require('path')
-const fs = require('fs')
-const privateLibp2pBundle = require('./libp2p-bundle')
-const { mkdirp } = require('./utils')
-
-// Create two separate repo paths so we can run two nodes and check their output
-const repo1 = path.resolve('./tmp', 'repo1', '.ipfs')
-const repo2 = path.resolve('./tmp', 'repo2', '.ipfs')
-mkdirp(repo1)
-mkdirp(repo2)
-
-// Create a buffer and write the swarm key to it
-const swarmKey = Buffer.alloc(95)
-writeKey(swarmKey)
-
-// This key is for the `TASK` mentioned in the writeFileSync calls below
-const otherSwarmKey = Buffer.alloc(95)
-writeKey(otherSwarmKey)
-
-// Add the swarm key to both repos
-const swarmKey1Path = path.resolve(repo1, 'swarm.key')
-const swarmKey2Path = path.resolve(repo2, 'swarm.key')
-fs.writeFileSync(swarmKey1Path, swarmKey)
-// TASK: switch the commented out line below so we're using a different key, to see the nodes fail to connect
-fs.writeFileSync(swarmKey2Path, swarmKey)
-// fs.writeFileSync(swarmKey2Path, otherSwarmKey)
-
-// Create the first ipfs node
-const node1 = new IPFS({
-  repo: repo1,
-  libp2p: privateLibp2pBundle(swarmKey1Path),
-  config: {
-    Addresses: {
-      // Set the swarm address so we dont get port collision on the nodes
-      Swarm: ['/ip4/0.0.0.0/tcp/9101']
-    }
-  }
-})
-
-// Create the second ipfs node
-const node2 = new IPFS({
-  repo: repo2,
-  libp2p: privateLibp2pBundle(swarmKey2Path),
-  config: {
-    Addresses: {
-      // Set the swarm address so we dont get port collision on the nodes
-      Swarm: ['/ip4/0.0.0.0/tcp/9102']
-    }
-  }
-})
-
-console.log('auto starting the nodes...')
-
-// `nodesStarted` keeps track of how many of our nodes have started
-let nodesStarted = 0
-/**
- * Calls `connectAndTalk` when both nodes have started
- * @returns {void}
- */
-const didStartHandler = () => {
-  if (++nodesStarted === 2) {
-    // If both nodes are up, start talking
-    connectAndTalk()
-  }
-}
-
-/**
- * Exits the process when all started nodes have stopped
- * @returns {void}
- */
-const didStopHandler = () => {
-  if (--nodesStarted < 1) {
-    console.log('all nodes stopped, exiting.')
-    process.exit(0)
-  }
-}
-
-/**
- * Stops the running nodes
- * @param {Error} err An optional error to log to the console
- * @returns {void}
- */
-const doStop = (err) => {
-  if (err) {
-    console.error(err)
-  }
-
-  console.log('Shutting down...')
-  node1.stop()
-  node2.stop()
-}
-
-/**
- * Connects the IPFS nodes and transfers data between them
- * @returns {void}
- */
-const connectAndTalk = async () => {
-  console.log('connecting the nodes...')
-  const node2Id = await node2.id()
-  const dataToAdd = Buffer.from('Hello, private friend!')
-
-  // Connect the nodes
-  // This will error when different private keys are used
-  try {
-    await node1.swarm.connect(node2Id.addresses[0])
-  } catch (err) {
-    return doStop(err)
-  }
-  console.log('the nodes are connected, let\'s add some data')
-
-  // Add some data to node 1
-  let addedCID
-  try {
-    addedCID = await node1.add(dataToAdd)
-  } catch (err) {
-    return doStop(err)
-  }
-  console.log(`added ${addedCID[0].path} to the node1`)
-
-  // Retrieve the data from node 2
-  let cattedData
-  try {
-    cattedData = await node2.cat(addedCID[0].path)
-  } catch (err) {
-    return doStop(err)
-  }
-  assert.deepEqual(cattedData.toString(), dataToAdd.toString(), 'Should have equal data')
-  console.log(`successfully retrieved "${dataToAdd.toString()}" from node2`)
-
-  doStop()
-}
-
-// Wait for the nodes to boot
-node1.once('start', didStartHandler)
-node2.once('start', didStartHandler)
-
-// Listen for the nodes stopping so we can cleanup
-node1.once('stop', didStopHandler)
-node2.once('stop', didStopHandler)
diff --git a/examples/pnet-ipfs/libp2p-bundle.js b/examples/pnet-ipfs/libp2p-bundle.js
deleted file mode 100644
index ff4fd37e..00000000
--- a/examples/pnet-ipfs/libp2p-bundle.js
+++ /dev/null
@@ -1,60 +0,0 @@
-'use strict'
-
-const Libp2p = require('libp2p')
-const TCP = require('libp2p-tcp')
-const MPLEX = require('libp2p-mplex')
-const SECIO = require('libp2p-secio')
-const fs = require('fs')
-const Protector = require('libp2p/src/pnet')
-
-/**
- * Options for the libp2p bundle
- * @typedef {Object} libp2pBundle~options
- * @property {PeerInfo} peerInfo - The PeerInfo of the IPFS node
- * @property {PeerBook} peerBook - The PeerBook of the IPFS node
- * @property {Object} config - The config of the IPFS node
- * @property {Object} options - The options given to the IPFS node
- */
-
-/**
- * privateLibp2pBundle returns a libp2p bundle function that will use the swarm
- * key at the given `swarmKeyPath` to create the Protector
- *
- * @param {string} swarmKeyPath The path to our swarm key
- * @returns {libp2pBundle} Returns a libp2pBundle function for use in IPFS creation
- */
-const privateLibp2pBundle = (swarmKeyPath) => {
-  /**
-   * This is the bundle we will use to create our fully customized libp2p bundle.
-   *
-   * @param {libp2pBundle~options} opts The options to use when generating the libp2p node
-   * @returns {Libp2p} Our new libp2p node
-   */
-  const libp2pBundle = (opts) => {
-    // Set convenience variables to clearly showcase some of the useful things that are available
-    const peerInfo = opts.peerInfo
-    const peerBook = opts.peerBook
-
-    // Build and return our libp2p node
-    return new Libp2p({
-      peerInfo,
-      peerBook,
-      modules: {
-        transport: [TCP], // We're only using the TCP transport for this example
-        streamMuxer: [MPLEX], // We're only using mplex muxing
-        // Let's make sure to use identifying crypto in our pnet since the protector doesn't
-        // care about node identity, and only the presence of private keys
-        connEncryption: [SECIO],
-        // Leave peer discovery empty, we don't want to find peers. We could omit the property, but it's
-        // being left in for explicit readability.
-        // We should explicitly dial pnet peers, or use a custom discovery service for finding nodes in our pnet
-        peerDiscovery: [],
-        connProtector: new Protector(fs.readFileSync(swarmKeyPath))
-      }
-    })
-  }
-
-  return libp2pBundle
-}
-
-module.exports = privateLibp2pBundle
diff --git a/examples/pnet-ipfs/.gitignore b/examples/pnet/.gitignore
similarity index 100%
rename from examples/pnet-ipfs/.gitignore
rename to examples/pnet/.gitignore
diff --git a/examples/pnet-ipfs/README.md b/examples/pnet/README.md
similarity index 90%
rename from examples/pnet-ipfs/README.md
rename to examples/pnet/README.md
index 3e822767..b7515e96 100644
--- a/examples/pnet-ipfs/README.md
+++ b/examples/pnet/README.md
@@ -1,5 +1,5 @@
-# Private Networking with IPFS
-This example shows how to set up a private network of IPFS nodes.
+# Private Networking
+This example shows how to set up a private network of libp2p nodes.
 
 ## Setup
 Install dependencies:
diff --git a/examples/pnet/index.js b/examples/pnet/index.js
new file mode 100644
index 00000000..7e675930
--- /dev/null
+++ b/examples/pnet/index.js
@@ -0,0 +1,50 @@
+/* eslint no-console: ["off"] */
+'use strict'
+
+const { generate } = require('libp2p/src/pnet')
+const privateLibp2pNode = require('./libp2p-node')
+
+const pipe = require('it-pipe')
+
+// Create a buffer and write the swarm key to it
+const swarmKey = Buffer.alloc(95)
+generate(swarmKey)
+
+// This key is for testing a different key not working
+const otherSwarmKey = Buffer.alloc(95)
+generate(otherSwarmKey)
+
+;(async () => {
+  const node1 = await privateLibp2pNode(swarmKey)
+
+  // TASK: switch the commented out line below so we're using a different key, to see the nodes fail to connect	
+  const node2 = await privateLibp2pNode(swarmKey)
+  // const node2 = await privateLibp2pNode(otherSwarmKey)
+
+  await Promise.all([
+    node1.start(),
+    node2.start()
+  ])
+
+  console.log('nodes started...')
+
+  await node1.dial(node2.peerInfo)
+
+  node2.handle('/private', ({ stream }) => {
+    pipe(
+      stream,
+      async function (source) {
+        for await (const msg of source) {
+          console.log(msg.toString())
+        }
+      }
+    )
+  })
+
+  const { stream } = await node1.dialProtocol(node2.peerInfo, '/private')
+
+  await pipe(
+    ['This message is sent on a private network'],
+    stream
+  )
+})();
diff --git a/examples/pnet/libp2p-node.js b/examples/pnet/libp2p-node.js
new file mode 100644
index 00000000..1c5ff799
--- /dev/null
+++ b/examples/pnet/libp2p-node.js
@@ -0,0 +1,36 @@
+'use strict'
+
+const Libp2p = require('libp2p')
+const TCP = require('libp2p-tcp')
+const MPLEX = require('libp2p-mplex')
+const SECIO = require('libp2p-secio')
+const Protector = require('libp2p/src/pnet')
+
+/**
+ * privateLibp2pNode returns a libp2p node function that will use the swarm
+ * key at the given `swarmKeyPath` to create the Protector
+ *
+ * @param {Buffer} swarmKey
+ * @returns {Promise<libp2p>} Returns a libp2pNode function for use in IPFS creation
+ */
+const privateLibp2pNode = async (swarmKeyPath) => {
+  const node = await Libp2p.create({
+    modules: {
+      transport: [TCP], // We're only using the TCP transport for this example
+      streamMuxer: [MPLEX], // We're only using mplex muxing
+      // Let's make sure to use identifying crypto in our pnet since the protector doesn't
+      // care about node identity, and only the presence of private keys
+      connEncryption: [SECIO],
+      // Leave peer discovery empty, we don't want to find peers. We could omit the property, but it's
+      // being left in for explicit readability.
+      // We should explicitly dial pnet peers, or use a custom discovery service for finding nodes in our pnet
+      peerDiscovery: [],
+      connProtector: new Protector(swarmKeyPath)
+    }
+  })
+
+  node.peerInfo.multiaddrs.add('/ip4/0.0.0.0/tcp/0')
+  return node
+}
+
+module.exports = privateLibp2pNode
diff --git a/examples/pnet-ipfs/package.json b/examples/pnet/package.json
similarity index 70%
rename from examples/pnet-ipfs/package.json
rename to examples/pnet/package.json
index 649e2711..22f9fae1 100644
--- a/examples/pnet-ipfs/package.json
+++ b/examples/pnet/package.json
@@ -11,10 +11,9 @@
   "author": "",
   "license": "ISC",
   "dependencies": {
-    "ipfs": "^0.38.0",
-    "libp2p": "^0.26.2",
-    "libp2p-mplex": "^0.8.5",
-    "libp2p-secio": "^0.11.1",
-    "libp2p-tcp": "^0.13.2"
+    "libp2p": "../..",
+    "libp2p-mplex": "^0.9.3",
+    "libp2p-secio": "^0.12.1",
+    "libp2p-tcp": "^0.14.2"
   }
 }
diff --git a/examples/pnet-ipfs/utils.js b/examples/pnet/utils.js
similarity index 100%
rename from examples/pnet-ipfs/utils.js
rename to examples/pnet/utils.js