diff --git a/ratelimitreader.go b/ratelimitreader.go
index d7939a3d..7d9e6d86 100644
--- a/ratelimitreader.go
+++ b/ratelimitreader.go
@@ -1,32 +1,53 @@
 package torrent
 
 import (
+	"context"
 	"fmt"
 	"io"
 	"time"
 
-	"golang.org/x/net/context"
 	"golang.org/x/time/rate"
 )
 
 type rateLimitedReader struct {
 	l *rate.Limiter
 	r io.Reader
+
+	// This is the time of the last Read's reservation.
+	lastRead time.Time
 }
 
-func (me rateLimitedReader) Read(b []byte) (n int, err error) {
-	// Wait until we can read at all.
-	if err := me.l.WaitN(context.Background(), 1); err != nil {
-		panic(err)
-	}
-	// Limit the read to within the burst.
-	if me.l.Limit() != rate.Inf && len(b) > me.l.Burst() {
-		b = b[:me.l.Burst()]
-	}
-	n, err = me.r.Read(b)
-	// Pay the piper.
-	if !me.l.ReserveN(time.Now(), n-1).OK() {
-		panic(fmt.Sprintf("burst exceeded?: %d", n-1))
+func (me *rateLimitedReader) Read(b []byte) (n int, err error) {
+	const oldStyle = false // Retained for future reference.
+	if oldStyle {
+		// Wait until we can read at all.
+		if err := me.l.WaitN(context.Background(), 1); err != nil {
+			panic(err)
+		}
+		// Limit the read to within the burst.
+		if me.l.Limit() != rate.Inf && len(b) > me.l.Burst() {
+			b = b[:me.l.Burst()]
+		}
+		n, err = me.r.Read(b)
+		// Pay the piper.
+		now := time.Now()
+		me.lastRead = now
+		if !me.l.ReserveN(now, n-1).OK() {
+			panic(fmt.Sprintf("burst exceeded?: %d", n-1))
+		}
+	} else {
+		// Limit the read to within the burst.
+		if me.l.Limit() != rate.Inf && len(b) > me.l.Burst() {
+			b = b[:me.l.Burst()]
+		}
+		n, err = me.r.Read(b)
+		now := time.Now()
+		r := me.l.ReserveN(now, n)
+		if !r.OK() {
+			panic(n)
+		}
+		me.lastRead = now
+		time.Sleep(r.Delay())
 	}
 	return
 }
diff --git a/rlreader_test.go b/rlreader_test.go
new file mode 100644
index 00000000..529cbee6
--- /dev/null
+++ b/rlreader_test.go
@@ -0,0 +1,130 @@
+package torrent
+
+import (
+	"io"
+	"log"
+	"math/rand"
+	"sync"
+	"time"
+
+	"github.com/bradfitz/iter"
+	"github.com/stretchr/testify/assert"
+	"github.com/stretchr/testify/require"
+	"golang.org/x/time/rate"
+
+	"testing"
+)
+
+func writeN(ws []io.Writer, n int) error {
+	b := make([]byte, n)
+	for _, w := range ws[1:] {
+		n1 := rand.Intn(n)
+		wn, err := w.Write(b[:n1])
+		if wn != n1 {
+			if err == nil {
+				panic(n1)
+			}
+			return err
+		}
+		n -= n1
+	}
+	wn, err := ws[0].Write(b[:n])
+	if wn != n {
+		if err == nil {
+			panic(n)
+		}
+	}
+	return err
+}
+
+func TestRateLimitReaders(t *testing.T) {
+	const (
+		numReaders     = 2
+		bytesPerSecond = 100
+		burst          = 5
+		readSize       = 6
+		writeRounds    = 10
+		bytesPerRound  = 12
+	)
+	control := rate.NewLimiter(bytesPerSecond, burst)
+	shared := rate.NewLimiter(bytesPerSecond, burst)
+	var (
+		ws []io.Writer
+		cs []io.Closer
+	)
+	wg := sync.WaitGroup{}
+	type read struct {
+		N int
+		// When the read was allowed.
+		At time.Time
+	}
+	reads := make(chan read)
+	done := make(chan struct{})
+	for range iter.N(numReaders) {
+		r, w := io.Pipe()
+		ws = append(ws, w)
+		cs = append(cs, w)
+		wg.Add(1)
+		go func() {
+			defer wg.Done()
+			r := rateLimitedReader{
+				l: shared,
+				r: r,
+			}
+			b := make([]byte, readSize)
+			for {
+				n, err := r.Read(b)
+				select {
+				case reads <- read{n, r.lastRead}:
+				case <-done:
+					return
+				}
+				if err == io.EOF {
+					return
+				}
+				if err != nil {
+					panic(err)
+				}
+			}
+		}()
+	}
+	closeAll := func() {
+		for _, c := range cs {
+			c.Close()
+		}
+	}
+	defer func() {
+		close(done)
+		closeAll()
+		wg.Wait()
+	}()
+	written := 0
+	go func() {
+		for range iter.N(writeRounds) {
+			err := writeN(ws, bytesPerRound)
+			if err != nil {
+				log.Printf("error writing: %s", err)
+				break
+			}
+			written += bytesPerRound
+		}
+		closeAll()
+		wg.Wait()
+		close(reads)
+	}()
+	totalBytesRead := 0
+	started := time.Now()
+	for r := range reads {
+		totalBytesRead += r.N
+		require.False(t, r.At.IsZero())
+		// Copy what the reader should have done with its reservation.
+		res := control.ReserveN(r.At, r.N)
+		// If we don't have to wait with the control, the reader has gone too
+		// fast.
+		if res.Delay() > 0 {
+			log.Printf("%d bytes not allowed at %s", r.N, time.Since(started))
+			t.FailNow()
+		}
+	}
+	assert.EqualValues(t, writeRounds*bytesPerRound, totalBytesRead)
+}