diff --git a/index.js b/index.js
index 2ad6ab2..13e446a 100644
--- a/index.js
+++ b/index.js
@@ -29,6 +29,7 @@ bitcore.util.preconditions = require('./lib/util/preconditions');
 bitcore.transport = {};
 bitcore.transport.Peer = require('./lib/transport/peer');
 bitcore.transport.Messages = require('./lib/transport/messages');
+bitcore.transport.Pool = require('./lib/transport/pool');
 
 // errors thrown by the library
 bitcore.errors = require('./lib/errors');
diff --git a/lib/transport/messages.js b/lib/transport/messages.js
index e196c1f..179940a 100644
--- a/lib/transport/messages.js
+++ b/lib/transport/messages.js
@@ -292,11 +292,31 @@ Addresses.prototype.fromBuffer = function(payload) {
   this.addresses = [];
   for (var i = 0; i < addrCount; i++) {
     // TODO: Time actually depends on the version of the other peer (>=31402)
+
+    var time = parser.readUInt32LE();
+    var services = parser.readUInt64LEBN();
+
+    // parse the ipv6 to a string
+    var ipv6 = [];
+    for (var a = 0; a < 6; a++) {
+      ipv6.push(parser.read(2).toString('hex'));
+    }
+    ipv6 = ipv6.join(':');
+
+    // parse the ipv4 to a string
+    var ipv4 = [];
+    for (var b = 0; b < 4; b++) {
+      ipv4.push(parser.read(1)[0]);
+    }
+    ipv4 = ipv4.join('.');
+
+    var port = parser.readUInt16BE();
+
     this.addresses.push({
-      time: parser.readUInt32LE(),
-      services: parser.readUInt64LEBN(),
-      ip: parser.read(16),
-      port: parser.readUInt16BE()
+      time: time,
+      services: services,
+      ip: { v6: ipv6, v4: ipv4 },
+      port: port
     });
   }
 
diff --git a/lib/transport/peer.js b/lib/transport/peer.js
index 724cd2e..aea73bd 100644
--- a/lib/transport/peer.js
+++ b/lib/transport/peer.js
@@ -65,7 +65,7 @@ function Peer(host, port, network) {
   });
 
   this.on('ping', function(message) {
-    self.sendPong(message.nonce);
+    self._sendPong(message.nonce);
   });
 
 }
diff --git a/lib/transport/pool.js b/lib/transport/pool.js
new file mode 100644
index 0000000..d99033a
--- /dev/null
+++ b/lib/transport/pool.js
@@ -0,0 +1,273 @@
+'use strict';
+
+var dns = require('dns');
+var EventEmitter = require('events').EventEmitter;
+var Networks = require('../networks');
+var sha256 = require('../crypto/hash').sha256;
+var Peer = require('./peer');
+var util = require('util');
+
+function now() {
+  return Math.floor(new Date().getTime() / 1000);
+}
+
+/**
+ * A pool is a collection of Peers. A pool will discover peers from DNS seeds, and
+ * collect information about new peers in the network. When a peer disconnects the pool
+ * will connect to others that are available to maintain a max number of
+ * ongoing peer connections. Peer events are relayed to the pool.
+ *
+ * @example
+ *
+ * var pool = new Pool(Networks.livenet);
+ * pool.on('peerinv', function(peer, message) {
+ *   // do something with the inventory announcement
+ * });
+ * pool.connect();
+ *
+ * @param {Network|String} network - The network to connect
+ * @returns {Pool}
+ * @constructor
+ */
+function Pool(network) {
+
+  var self = this;
+
+  this.network = Networks.get(network) || Networks.defaultNetwork;
+  this.keepalive = false;
+  this._connectedPeers = {};
+  this._addrs = [];
+
+  this.on('peeraddr', function peerAddrEvent(peer, message) {
+    var addrs = message.addresses;
+    var length = addrs.length;
+    for (var i = 0; i < length; i++) {
+      var addr = addrs[i];
+      // In case of an invalid time, assume "5 days ago"
+      if (addr.time <= 100000000 || addr.time > (now() + 10 * 60)) {
+        addr.time = now() - 5 * 24 * 60 * 60;
+      }
+      this._addAddr(addr);
+    }
+  });
+
+  this.on('seed', function seedEvent(ips) {
+    ips.forEach(function(ip) {
+      self._addAddr({
+        ip: {
+          v4: ip
+        }
+      });
+    });
+    if (self.keepalive) {
+      self._fillConnections();
+    }
+  });
+
+  this.on('peerdisconnect', function peerDisconnectEvent(peer, addr) {
+    self._deprioritizeAddr(addr);
+    self._removeConnectedPeer(addr);
+    if (self.keepalive) {
+      self._fillConnections();
+    }
+  });
+
+  return this;
+
+}
+
+util.inherits(Pool, EventEmitter);
+
+Pool.MaxConnectedPeers = 8;
+Pool.RetrySeconds = 30;
+Pool.PeerEvents = ['version', 'inv', 'getdata', 'ping', 'ping', 'addr',
+  'getaddr', 'verack', 'reject', 'alert', 'headers', 'block',
+  'tx', 'getblocks', 'getheaders'
+];
+
+
+/**
+ * Will initiatiate connection to peers, if available peers have been added to
+ * the pool, it will connect to those, otherwise will use DNS seeds to find
+ * peers to connect. When a peer disconnects it will add another.
+ */
+Pool.prototype.connect = function connect() {
+  this.keepalive = true;
+  var self = this;
+  if (self._addrs.length === 0) {
+    self._addAddrsFromSeeds();
+  } else {
+    self._fillConnections();
+  }
+  return this;
+};
+
+
+/**
+ * Will disconnect all peers that are connected.
+ */
+Pool.prototype.disconnect = function disconnect() {
+  this.keepalive = false;
+  for (var i in this._connectedPeers) {
+    this._connectedPeers[i].disconnect();
+  }
+  return this;
+};
+
+/**
+ * @returns {Number} The number of peers currently connected.
+ */
+Pool.prototype.numberConnected = function numberConnected() {
+  return Object.keys(this._connectedPeers).length;
+};
+
+/**
+ * Will fill the conneted peers to the maximum amount.
+ */
+Pool.prototype._fillConnections = function _fillConnections() {
+  var length = this._addrs.length;
+  for (var i = 0; i < length; i++) {
+    if (this.numberConnected() >= Pool.MaxConnectedPeers) {
+      break;
+    }
+    var addr = this._addrs[i];
+    if (!addr.retryTime || now() > addr.retryTime) {
+      this._connectPeer(addr);
+    }
+  }
+  return this;
+};
+
+/**
+ * Will remove a peer from the list of connected peers.
+ * @param {Object} addr - An addr from the list of addrs
+ */
+Pool.prototype._removeConnectedPeer = function _removeConnectedPeer(addr) {
+  if (this._connectedPeers[addr.hash].status !== Peer.STATUS.DISCONNECTED) {
+    this._connectedPeers[addr.hash].disconnect();
+  } else {
+    delete this._connectedPeers[addr.hash];
+  }
+  return this;
+};
+
+/**
+ * Will connect a peer and add to the list of connected peers.
+ * @param {Object} addr - An addr from the list of addrs
+ */
+Pool.prototype._connectPeer = function _connectPeer(addr) {
+  var self = this;
+
+  function addConnectedPeer(addr) {
+    var port = addr.port || self.network.port;
+    var ip = addr.ip.v4 || addr.ip.v6;
+    var peer = new Peer(ip, port, self.network);
+    peer.on('disconnect', function peerDisconnect() {
+      self.emit('peerdisconnect', peer, addr);
+    });
+    peer.on('ready', function peerReady() {
+      self.emit('peerready', peer, addr);
+    });
+    Pool.PeerEvents.forEach(function addPeerEvents(event) {
+      peer.on(event, function peerEvent(message) {
+        self.emit('peer' + event, peer, message);
+      });
+    });
+    peer.connect();
+    self._connectedPeers[addr.hash] = peer;
+  }
+
+  if (!this._connectedPeers[addr.hash]) {
+    addConnectedPeer(addr);
+  }
+
+  return this;
+};
+
+/**
+ * Will deprioritize an addr in the list of addrs by moving it to the end
+ * of the array, and setting a retryTime
+ * @param {Object} addr - An addr from the list of addrs
+ */
+Pool.prototype._deprioritizeAddr = function _deprioritizeAddr(addr) {
+  for (var i = 0; i < this._addrs.length; i++) {
+    if (this._addrs[i].hash === addr.hash) {
+      var middle = this._addrs[i];
+      middle.retryTime = now() + Pool.RetrySeconds;
+      var beginning = this._addrs.splice(0, i);
+      var end = this._addrs.splice(i + 1, this._addrs.length);
+      var combined = beginning.concat(end);
+      this._addrs = combined.concat([middle]);
+    }
+  }
+  return this;
+};
+
+/**
+ * Will add an addr to the beginning of the addrs array
+ * @param {Object}
+ */
+Pool.prototype._addAddr = function _addAddr(addr) {
+
+  // make a unique key
+  addr.hash = sha256(new Buffer(addr.ip.v6 + addr.ip.v4 + addr.port)).toString('hex');
+
+  var length = this._addrs.length;
+  var exists = false;
+  for (var i = 0; i < length; i++) {
+    if (this._addrs[i].hash === addr.hash) {
+      exists = true;
+    }
+  }
+  if (!exists) {
+    this._addrs.unshift(addr);
+  }
+  return this;
+};
+
+/**
+ * Will add addrs to the list of addrs from a DNS seed
+ * @param {String} seed - A domain name to resolve known peers
+ * @param {Function} done
+ */
+Pool.prototype._addAddrsFromSeed = function _addAddrsFromSeed(seed) {
+  var self = this;
+  dns.resolve(seed, function(err, ips) {
+    if (err) {
+      self.emit('seederror', err);
+      return;
+    }
+    if (!ips || !ips.length) {
+      self.emit('seederror', new Error('No IPs found from seed lookup.'));
+      return;
+    }
+    // announce to pool
+    self.emit('seed', ips);
+  });
+  return this;
+};
+
+/**
+ * Will add addrs to the list of addrs from network DNS seeds
+ * @param {Function} done
+ */
+Pool.prototype._addAddrsFromSeeds = function _addAddrsFromSeeds() {
+  var self = this;
+  var seeds = this.network.dnsSeeds;
+  seeds.forEach(function(seed) {
+    self._addAddrsFromSeed(seed);
+  });
+  return this;
+};
+
+/**
+ * @returns {String} A string formatted for the console
+ */
+Pool.prototype.inspect = function inspect() {
+  return '<Pool network: ' +
+    this.network + ', connected: ' +
+    this.numberConnected() + ', available: ' +
+    this._addrs.length + '>';
+};
+
+module.exports = Pool;
diff --git a/package.json b/package.json
index bfe4649..3dc1ac2 100644
--- a/package.json
+++ b/package.json
@@ -98,6 +98,7 @@
     "gulp-shell": "^0.2.10",
     "mocha": "~2.0.1",
     "run-sequence": "^1.0.2",
+    "sinon": "^1.12.2",
     "karma": "^0.12.28",
     "karma-firefox-launcher": "^0.1.3",
     "karma-mocha": "^0.1.9"
diff --git a/test/transport/peer.js b/test/transport/peer.js
index 9733a22..066ee7a 100644
--- a/test/transport/peer.js
+++ b/test/transport/peer.js
@@ -49,21 +49,27 @@ describe('Peer', function() {
     peer.port.should.equal(8111);
   });
 
-  // only for node TODO: (yemel)
-  it.skip('should be able to set a proxy', function() {
-    var peer, peer2, socket;
+  if (typeof(window) === 'undefined'){
 
-    peer = new Peer('localhost');
-    expect(peer.proxy).to.be.undefined();
-    socket = peer._getSocket();
-    socket.should.be.instanceof(Net.Socket);
+    // Node.js Tests
 
-    peer2 = peer.setProxy('127.0.0.1', 9050);
-    peer2.proxy.host.should.equal('127.0.0.1');
-    peer2.proxy.port.should.equal(9050);
-    socket = peer2._getSocket();
-    socket.should.be.instanceof(Socks5Client);
+    it('should be able to set a proxy', function() {
+      var peer, peer2, socket;
+
+      peer = new Peer('localhost');
+      expect(peer.proxy).to.be.undefined();
+      socket = peer._getSocket();
+      socket.should.be.instanceof(Net.Socket);
+
+      peer2 = peer.setProxy('127.0.0.1', 9050);
+      peer2.proxy.host.should.equal('127.0.0.1');
+      peer2.proxy.port.should.equal(9050);
+      socket = peer2._getSocket();
+      socket.should.be.instanceof(Socks5Client);
+
+      peer.should.equal(peer2);
+    });
+
+  }
 
-    peer.should.equal(peer2);
-  });
 });
diff --git a/test/transport/pool.js b/test/transport/pool.js
new file mode 100644
index 0000000..985723b
--- /dev/null
+++ b/test/transport/pool.js
@@ -0,0 +1,98 @@
+'use strict';
+
+if (typeof(window) === 'undefined'){
+
+  // Node.js Tests
+
+  var chai = require('chai');
+
+  /* jshint unused: false */
+  var should = chai.should();
+  var expect = chai.expect;
+
+  var dns = require('dns');
+  var sinon = require('sinon');
+
+  var bitcore = require('../..');
+  var Peer = bitcore.transport.Peer;
+  var MessagesData = require('../data/messages');
+  var Messages = bitcore.transport.Messages;
+  var Pool = bitcore.transport.Pool;
+  var Networks = bitcore.Networks;
+
+  describe('Pool', function() {
+
+    it('should be able to create instance', function() {
+      var pool = new Pool();
+      pool.network.should.equal(Networks.livenet);
+    });
+
+    it('should be able to create instance setting the network', function() {
+      var pool = new Peer(Networks.testnet);
+      pool.network.should.equal(Networks.livenet);
+    });
+
+    it('should discover peers via dns', function() {
+      var stub = sinon.stub(dns, 'resolve', function(seed, callback){
+        callback(null, ['10.10.10.1', '10.10.10.2', '10.10.10.3']);
+      });
+      var pool = new Pool(Networks.livenet);
+      pool.connect();
+      pool.disconnect();
+      pool._addrs.length.should.equal(3);
+      stub.restore();
+    });
+
+    it('should not discover peers via dns', function() {
+      var pool = new Pool();
+      pool._addAddr({ip: {v4: '10.10.10.1'}});
+      pool.connect();
+      pool.disconnect();
+      pool._addrs.length.should.equal(1);
+    });
+
+    it('should add new addrs as they are announced over the network', function(done) {
+
+      // only emit an event, no need to connect
+      var peerConnectStub = sinon.stub(Peer.prototype, 'connect', function(){
+        this._readMessage();
+        this.emit('ready');
+      });
+
+      // mock a addr peer event
+      var peerMessageStub = sinon.stub(Peer.prototype, '_readMessage', function(){
+        var payload = new Buffer(MessagesData.ADDR.payload, 'hex');
+        var message = new Messages.Addresses().fromBuffer(payload);
+        this.emit(message.command, message);
+      });
+
+      var pool = new Pool();
+
+      pool._addAddr({ip: {v4: 'localhost'}});
+
+      // listen for the event
+      pool.on('peeraddr', function(peer, message) {
+        pool._addrs.length.should.equal(502);
+
+        // restore stubs
+        peerConnectStub.restore();
+        peerMessageStub.restore();
+
+        for (var i = 0; i < pool._addrs.length; i++) {
+          should.exist(pool._addrs[i].hash);
+          should.exist(pool._addrs[i].ip);
+          should.exist(pool._addrs[i].ip.v4);
+        }
+
+        // done
+        done();
+      });
+
+      pool.connect();
+
+    });
+
+
+  });
+
+}