diff --git a/.github/workflows/run-tests.yml b/.github/workflows/run-tests.yml
index 6fcbb806c..feaeb0142 100644
--- a/.github/workflows/run-tests.yml
+++ b/.github/workflows/run-tests.yml
@@ -47,7 +47,7 @@ jobs:
       - uses: actions/checkout@v3
       - uses: actions/setup-go@v3
         with:
-          go-version: '1.18.8'
+          go-version: '1.20.11'
           check-latest: true
       - name: Set up Python
         uses: actions/setup-python@v3
diff --git a/.readthedocs.yml b/.readthedocs.yml
index da3f55db0..a65b37e6f 100644
--- a/.readthedocs.yml
+++ b/.readthedocs.yml
@@ -4,9 +4,13 @@ sphinx:
   fail_on_warning: true
 
 python:
-  version: 3.7
   install:
     - requirements: requirements.txt
     - requirements: requirements-docs.txt
     - method: pip
       path: .
+
+build:
+   os: ubuntu-22.04
+   tools:
+     python: "3.7"
diff --git a/hivemind/p2p/p2p_daemon_bindings/datastructures.py b/hivemind/p2p/p2p_daemon_bindings/datastructures.py
index 7fdf0e7c0..920aa920b 100644
--- a/hivemind/p2p/p2p_daemon_bindings/datastructures.py
+++ b/hivemind/p2p/p2p_daemon_bindings/datastructures.py
@@ -14,28 +14,6 @@
 
 from hivemind.proto import crypto_pb2, p2pd_pb2
 
-# NOTE: On inlining...
-# See: https://github.com/libp2p/specs/issues/138
-# NOTE: enabling to be interoperable w/ the Go implementation
-ENABLE_INLINING = True
-MAX_INLINE_KEY_LENGTH = 42
-
-IDENTITY_MULTIHASH_CODE = 0x00
-
-if ENABLE_INLINING:
-
-    class IdentityHash:
-        def __init__(self) -> None:
-            self._digest = bytearray()
-
-        def update(self, input: bytes) -> None:
-            self._digest += input
-
-        def digest(self) -> bytes:
-            return self._digest
-
-    multihash.FuncReg.register(IDENTITY_MULTIHASH_CODE, "identity", hash_new=IdentityHash)
-
 
 class PeerID:
     def __init__(self, peer_id_bytes: bytes) -> None:
@@ -96,7 +74,6 @@ def from_identity(cls, data: bytes) -> "PeerID":
 
         [1] https://github.com/libp2p/specs/blob/master/peer-ids/peer-ids.md#peer-ids
         """
-
         key_data = crypto_pb2.PrivateKey.FromString(data).data
         private_key = serialization.load_der_private_key(key_data, password=None)
 
@@ -109,10 +86,10 @@ def from_identity(cls, data: bytes) -> "PeerID":
             data=encoded_public_key,
         ).SerializeToString()
 
-        algo = multihash.Func.sha2_256
-        if ENABLE_INLINING and len(encoded_public_key) <= MAX_INLINE_KEY_LENGTH:
-            algo = IDENTITY_MULTIHASH_CODE
-        encoded_digest = multihash.digest(encoded_public_key, algo).encode()
+        encoded_digest = multihash.encode(
+            hashlib.sha256(encoded_public_key).digest(),
+            multihash.coerce_code("sha2-256"),
+        )
         return cls(encoded_digest)
 
 
diff --git a/requirements.txt b/requirements.txt
index 74926e90b..df60317d8 100644
--- a/requirements.txt
+++ b/requirements.txt
@@ -9,8 +9,8 @@ uvloop>=0.14.0
 grpcio-tools>=1.33.2
 protobuf>=3.12.2
 configargparse>=1.2.3
-multiaddr>=0.0.9
-pymultihash>=0.8.2
+py-multihash>=0.2.3
+multiaddr @ git+https://github.com/multiformats/py-multiaddr.git@e01dbd38f2c0464c0f78b556691d655265018cce
 cryptography>=3.4.6
 pydantic>=1.8.1,<2.0
 packaging>=20.9
diff --git a/setup.py b/setup.py
index 65bb93fac..8f0dcedbe 100644
--- a/setup.py
+++ b/setup.py
@@ -14,17 +14,17 @@
 from setuptools.command.build_py import build_py
 from setuptools.command.develop import develop
 
-P2PD_VERSION = "v0.3.18"
+P2PD_VERSION = "v0.5.0.hivemind1"
 
 P2PD_SOURCE_URL = f"https://github.com/learning-at-home/go-libp2p-daemon/archive/refs/tags/{P2PD_VERSION}.tar.gz"
 P2PD_BINARY_URL = f"https://github.com/learning-at-home/go-libp2p-daemon/releases/download/{P2PD_VERSION}/"
 
 # The value is sha256 of the binary from the release page
 P2P_BINARY_HASH = {
-    "p2pd-darwin-amd64": "a9e5fee6bdcbfb5cc7f1a9b19e3fa4c91ceb18108b20472bf7affa62c590a964",
-    "p2pd-darwin-arm64": "5868f2000f4d0746c5349f3480cb5450f66d4391570b420a8f888afc9e9152af",
-    "p2pd-linux-amd64": "a9d456006e915d3cbbc8e5e9902d5b1a3120235f317e113137d6b631e2c810ac",
-    "p2pd-linux-arm64": "b03c02e6afa47f158183f6267eecf4adb0e17120d534402c99dc33f3a2915cb1",
+    "p2pd-darwin-amd64": "fe00f9d79e8e4e4c007144d19da10b706c84187b3fb84de170f4664c91ecda80",
+    "p2pd-darwin-arm64": "0404981a9c2b7cab5425ead2633d006c61c2c7ec85ac564ef69413ed470e65bd",
+    "p2pd-linux-amd64": "42f8f48e62583b97cdba3c31439c08029fb2b9fc506b5bdd82c46b7cc1d279d8",
+    "p2pd-linux-arm64": "046f18480c785a84bdf139d7486086d379397ca106cb2f0191598da32f81447a",
 }
 
 here = os.path.abspath(os.path.dirname(__file__))
diff --git a/tests/test_p2p_daemon.py b/tests/test_p2p_daemon.py
index e07795d0f..55ff36af5 100644
--- a/tests/test_p2p_daemon.py
+++ b/tests/test_p2p_daemon.py
@@ -103,7 +103,7 @@ async def test_check_if_identity_free():
     "host_maddrs",
     [
         [Multiaddr("/ip4/127.0.0.1/tcp/0")],
-        [Multiaddr("/ip4/127.0.0.1/udp/0/quic")],
+        [Multiaddr("/ip4/127.0.0.1/udp/0/quic-v1")],
         [Multiaddr("/ip4/127.0.0.1/tcp/0"), Multiaddr("/ip4/127.0.0.1/udp/0/quic")],
     ],
 )