diff --git a/libp2p/peer/peerinfo.py b/libp2p/peer/peerinfo.py
index 2e7edb9..e173066 100644
--- a/libp2p/peer/peerinfo.py
+++ b/libp2p/peer/peerinfo.py
@@ -1,5 +1,4 @@
 import multiaddr
-import multiaddr.util
 
 from .id import id_b58_decode
 from .peerdata import PeerData
@@ -12,17 +11,23 @@ class PeerInfo:
         self.addrs = peer_data.get_addrs() if peer_data else None
 
 
-def info_from_p2p_addr(addr):
+def info_from_p2p_addr(addr: multiaddr.Multiaddr) -> PeerInfo:
     if not addr:
-        raise InvalidAddrError()
+        raise InvalidAddrError("`addr` should not be `None`")
 
-    parts = multiaddr.util.split(addr)
+    if not isinstance(addr, multiaddr.Multiaddr):
+        raise InvalidAddrError(f"`addr`={addr} should be of type `Multiaddr`")
+
+    parts = addr.split()
     if not parts:
-        raise InvalidAddrError()
+        raise InvalidAddrError(f"`parts`={parts} should at least have a protocol `P_P2P`")
 
     p2p_part = parts[-1]
-    if p2p_part.protocols()[0].code != multiaddr.protocols.P_P2P:
-        raise InvalidAddrError()
+    last_protocol_code = p2p_part.protocols()[0].code
+    if last_protocol_code != multiaddr.protocols.P_P2P:
+        raise InvalidAddrError(
+            f"The last protocol should be `P_P2P` instead of `{last_protocol_code}`"
+        )
 
     # make sure the /p2p value parses as a peer.ID
     peer_id_str = p2p_part.value_for_protocol(multiaddr.protocols.P_P2P)
@@ -30,7 +35,7 @@ def info_from_p2p_addr(addr):
 
     # we might have received just an / p2p part, which means there's no addr.
     if len(parts) > 1:
-        addr = multiaddr.util.join(parts[:-1])
+        addr = multiaddr.Multiaddr.join(*parts[:-1])
 
     peer_data = PeerData()
     peer_data.addrs = [addr]
diff --git a/libp2p/transport/tcp/tcp.py b/libp2p/transport/tcp/tcp.py
index f99b78c..bcbb533 100644
--- a/libp2p/transport/tcp/tcp.py
+++ b/libp2p/transport/tcp/tcp.py
@@ -27,13 +27,11 @@ class TCP(ITransport):
             :param maddr: maddr of peer
             :return: return True if successful
             """
-            _multiaddr = maddr
-            _multiaddr = _multiaddr.decapsulate('/p2p')
-
-            coroutine = asyncio.start_server(self.handler,
-                                             _multiaddr.value_for_protocol('ip4'),
-                                             _multiaddr.value_for_protocol('tcp'))
-            self.server = await coroutine
+            self.server = await asyncio.start_server(
+                self.handler,
+                maddr.value_for_protocol('ip4'),
+                maddr.value_for_protocol('tcp'),
+            )
             socket = self.server.sockets[0]
             self.multiaddrs.append(_multiaddr_from_socket(socket))
 
diff --git a/setup.py b/setup.py
index 452ea3b..4807b5b 100644
--- a/setup.py
+++ b/setup.py
@@ -15,16 +15,16 @@ setuptools.setup(
     platforms=["unix", "linux", "osx"],
     classifiers=classifiers,
     install_requires=[
-        "pycryptodome",
-        "click",
-        "base58",
-        "pymultihash",
-        "multiaddr==0.0.4",
-        "rpcudp",
-        "grpcio",
-        "grpcio-tools",
+        "pycryptodome>=3.8.2,<4.0.0",
+        "click>=7.0,<8.0",
+        "base58>=1.0.3,<2.0.0",
+        "pymultihash>=0.8.2",
+        "multiaddr>=0.0.8,<0.1.0",
+        "rpcudp>=3.0.0,<4.0.0",
+        "grpcio>=1.21.1,<2.0.0",
+        "grpcio-tools>=1.21.1,<2.0.0",
         "lru-dict>=1.1.6",
-        "aio_timers"
+        "aio_timers>=0.0.1,<0.1.0",
     ],
     packages=setuptools.find_packages(exclude=["tests", "tests.*"]),
     zip_safe=False,
diff --git a/tests/peer/test_peerinfo.py b/tests/peer/test_peerinfo.py
index 30f5e50..75a78ce 100644
--- a/tests/peer/test_peerinfo.py
+++ b/tests/peer/test_peerinfo.py
@@ -1,12 +1,17 @@
 import random
-import multiaddr
+
 import pytest
+
+import multiaddr
+
 from libp2p.peer.peerinfo import PeerInfo, info_from_p2p_addr, InvalidAddrError
 from libp2p.peer.peerdata import PeerData
 from libp2p.peer.id import ID
 
+
 ALPHABETS = '123456789ABCDEFGHJKLMNPQRSTUVWXYZabcdefghijkmnopqrstuvwxyz'
 
+
 def test_init_():
     peer_data = PeerData()
     random_addrs = [random.randint(0, 255) for r in range(4)]
@@ -20,22 +25,30 @@ def test_init_():
     assert peer_info.peer_id == peer_id
     assert peer_info.addrs == random_addrs
 
+
 def test_init_no_value():
     with pytest.raises(Exception) as _:
-        #pylint: disable=no-value-for-parameter
+        # pylint: disable=no-value-for-parameter
         PeerInfo()
 
-def test_invalid_addr_1():
-    with pytest.raises(InvalidAddrError):
-        info_from_p2p_addr(None)
 
-def test_invalid_addr_2(monkeypatch):
-    random_addrs = [random.randint(0, 255) for r in range(4)]
-    monkeypatch.setattr("multiaddr.util.split", lambda x: None)
+@pytest.mark.parametrize(
+    'addr',
+    (
+        pytest.param(None),
+        pytest.param(random.randint(0, 255), id='random integer'),
+        pytest.param(multiaddr.Multiaddr('/'), id='empty multiaddr'),
+        pytest.param(
+            multiaddr.Multiaddr('/ip4/127.0.0.1'), id='multiaddr without peer_id(p2p protocol)'
+        ),
+    )
+)
+def test_info_from_p2p_addr_invalid(addr):
     with pytest.raises(InvalidAddrError):
-        info_from_p2p_addr(random_addrs)
+        info_from_p2p_addr(addr)
 
-def test_info_from_p2p_addr():
+
+def test_info_from_p2p_addr_valid():
     # pylint: disable=line-too-long
     m_addr = multiaddr.Multiaddr('/ip4/127.0.0.1/tcp/8000/p2p/3YgLAeMKSAPcGqZkAt8mREqhQXmJT8SN8VCMN4T6ih4GNX9wvK8mWJnWZ1qA2mLdCQ')
     info = info_from_p2p_addr(m_addr)