diff --git a/connections/README.md b/connections/README.md
index ed705c2..1d6f841 100644
--- a/connections/README.md
+++ b/connections/README.md
@@ -223,16 +223,98 @@ provided.
 
 ## Practical Considerations
 
+This section will go over a few aspects of connection establishment and state
+management that are worth considering when implementing libp2p.
+
 ### Interoperability
 
-### Dialer State Management
+Support for connection security protocols and stream multiplexers varies across
+libp2p implementations. 
+
+To support the widest variety of peers, implementations should support a
+baseline "stack" of security and multiplexing protocols.
+
+At the time of writing, the recommended baseline security protocol is
+[SECIO][secio-spec], which is supported in all current libp2p implementations.
+
+Note that while SECIO is also the current default security protocol, that is
+likely to change with the further adoption of [TLS][tls-libp2p]. However,
+support for SECIO as a fallback will likely be recommended for some time after
+TLS becomes the default.
+
+The recommended baseline stream multiplexer is [mplex][mplex], which provides a
+very simple programmatic API and is supported in all current libp2p
+implementations.
+
+### State Management 
+
+While the connection establishment process itself does not require any
+persistent state, some state management is useful to assist bootstrapping and
+maintain resource limits.
 
 #### Peer Metadata Storage
 
-### Connection Management
+It's recommended that libp2p implementations provide a persistent metadata
+storage interface that contains at minimum the peer id and last known valid
+addresses for each peer. This allows you to more easily "catch
+back up" and rejoin a dense network between invocations of your libp2p
+application without having to rely on a few bootstrap nodes and random DHT walks
+to build up a routing table.
+
+Even during a single invocation of an application, you're likely to benefit from
+an in-memory metadata storage facility, which will allow you to cache addresses
+for connection resumption. Desining a storage interface which can be backed by
+memory or persistent storage will let you swap in whichever is appropriate for
+your use case and stage of development.
+
+For examples, see 
+[go-libp2p-peerstore](https://github.com/libp2p/go-libp2p-peerstore) and
+[js-peer-book](https://github.com/libp2p/js-peer-book).
+
+#### Connection Limits
+
+Maintaining a large number of persistent connections can cause issues with some
+network environments and can lead to resource exhaustion and erratic behavior.
+
+It's highly recommended that libp2p implementations maintain an upper bound on
+the number of open connections. Doing so while still maintaining robust
+performance and connectivity will likely require implementing some kind of
+priority mechanism for selecting which connections are the most "expendable"
+when you're near the limit.
+
+Resource allocation, measurement and enforcement policies are all an active area
+of discussion in the libp2p community, and implementations are free to develop
+whatever prioritization system makes sense.
 
 ### Connection Lifecycle Events
 
+The establishment of new connections and streams is likely to be a
+"cross-cutting concern" that's of interest to various parts of your application
+(or parts of libp2p) besides the protocol handlers that directly deal with the
+traffic.
+
+For example, the [persistent metadata component](#peer-metadata-storage) could
+automatically add peer ids and addresses to its registry whenever a new peer
+connects, or a DHT module could update its routing tables when a connection is
+terminated.
+
+To support this, it's recommended that libp2p implementations support a
+notification or event delivery system that can inform interested parties about
+connection lifecycle events.
+
+The full set of lifecycle events is not currently specified, but a recommended
+baseline would be:
+
+| Event        | Description                               |
+|--------------|-------------------------------------------|
+| Connected    | A new connection has been opened          |
+| Disconnected | A connection has closed                   |
+| OpenedStream | A new stream has opened over a connection |
+| ClosedStream | A stream has closed                       |
+| Listen       | We've started listening on a new address  |
+| ListenClose  | We've stopped listening on an address     |
+
+
 [mss]: https://github.com/multiformats/multistream-select
 [uvarint]: https://github.com/multiformats/unsigned-varint
 [mplex]: ../mplex/README.md