diff --git a/c_src/decoder.c b/c_src/decoder.c
index fc892da..296da43 100644
--- a/c_src/decoder.c
+++ b/c_src/decoder.c
@@ -47,7 +47,6 @@ typedef struct {
     jiffy_st*       atoms;
 
     ERL_NIF_TERM    arg;
-    ErlNifBinary    bin;
 
     int             is_partial;
 
@@ -59,22 +58,37 @@ typedef struct {
     char*           st_data;
     int             st_size;
     int             st_top;
+
+    int             is_resource;
+    size_t          reds;
 } Decoder;
 
+
 void
-dec_init(Decoder* d, ErlNifEnv* env, ERL_NIF_TERM arg, ErlNifBinary* bin)
+dec_init_bin(Decoder* d, ErlNifEnv* env, ERL_NIF_TERM arg, ErlNifBinary* bin)
+{
+    d->arg = arg;
+
+    d->p = (char*) bin->data;
+    d->u = bin->data;
+    d->len = bin->size;
+
+    d->env = env;
+}
+
+int
+dec_init(Decoder* d, ErlNifEnv* env, ERL_NIF_TERM arg,
+                     ERL_NIF_TERM opts, ErlNifBinary* bin)
 {
     int i;
+    ERL_NIF_TERM val;
 
     d->env = env;
     d->atoms = enif_priv_data(env);
-    d->arg = arg;
 
     d->is_partial = 0;
 
-    d->p = (char*) bin->data;
-    d->u = bin->data;
-    d->len = bin->size;
+    dec_init_bin(d, env, arg, bin);
     d->i = 0;
 
     d->st_data = (char*) enif_alloc(STACK_SIZE_INC * sizeof(char));
@@ -87,11 +101,26 @@ dec_init(Decoder* d, ErlNifEnv* env, ERL_NIF_TERM arg, ErlNifBinary* bin)
 
     d->st_data[0] = st_value;
     d->st_top++;
+
+    d->reds = REDUCTIONS;
+
+    if(!enif_is_list(env, opts)) {
+        return 0;
+    }
+    while(enif_get_list_cell(env, opts, &val, &opts)) {
+        if(!get_reductions(env, val, d->atoms, &d->reds)) {
+            return 0;
+        }
+    }
+
+    d->is_resource = 0;
+    return 1;
 }
 
 void
-dec_destroy(Decoder* d)
+dec_destroy(ErlNifEnv* env, void* dec)
 {
+    Decoder* d = dec;
     if(d->st_data != NULL) {
         enif_free(d->st_data);
     }
@@ -604,26 +633,60 @@ make_array(ErlNifEnv* env, ERL_NIF_TERM list)
     return ret;
 }
 
+static ERL_NIF_TERM
+dec_yield(Decoder* d, ERL_NIF_TERM objs, ERL_NIF_TERM curr)
+{
+    Decoder* dec = d;
+    if(!d->is_resource) {
+        dec = enif_alloc_resource(d->atoms->res_decoder, sizeof(Decoder));
+        *dec = *d;
+        dec->is_resource = 1;
+    }
+    ERL_NIF_TERM val = enif_make_resource(d->env, dec);
+    return enif_make_tuple4(d->env,
+        d->atoms->atom_partial, val, objs, curr);
+}
+
 ERL_NIF_TERM
 decode(ErlNifEnv* env, int argc, const ERL_NIF_TERM argv[])
 {
     Decoder dec;
     Decoder* d = &dec;
-
     ErlNifBinary bin;
 
-    ERL_NIF_TERM objs = enif_make_list(env, 0);
-    ERL_NIF_TERM curr = enif_make_list(env, 0);
+    ERL_NIF_TERM objs;
+    ERL_NIF_TERM curr;
     ERL_NIF_TERM val;
     ERL_NIF_TERM ret;
 
-    if(argc != 1) {
+    if(argc != 2) {
         return enif_make_badarg(env);
     } else if(!enif_inspect_binary(env, argv[0], &bin)) {
         return enif_make_badarg(env);
     }
 
-    dec_init(d, env, argv[0], &bin);
+    int arity;
+    ERL_NIF_TERM* args;
+    if(enif_get_tuple(env, argv[1], &arity, (const ERL_NIF_TERM **) &args)) {
+        jiffy_st *priv = enif_priv_data(env);
+        if(arity != 3 ) {
+            return enif_make_badarg(env);
+        }
+        if(!enif_get_resource(env, args[0], priv->res_decoder, (void **) &d)) {
+            return enif_make_badarg(env);
+        }
+        objs = args[1];
+        curr = args[2];
+        dec_init_bin(d, env, argv[0], &bin);
+    } else {
+        objs = enif_make_list(env, 0);
+        curr = enif_make_list(env, 0);
+        if (!dec_init(d, env, argv[0], argv[1], &bin)) {
+            return enif_make_badarg(env);
+        }
+    }
+
+    size_t processed = d->i;
 
     //fprintf(stderr, "Parsing:\r\n");
     while(d->i < bin.size) {
@@ -897,6 +960,11 @@ decode(ErlNifEnv* env, int argc, const ERL_NIF_TERM argv[])
                 ret = dec_error(d, "invalid_internal_state");
                 goto done;
         }
+        if(dec_curr(d) != st_done) {
+            if(jiffy_consume_timeslice(env, d->reds, d->i, &processed)) {
+                return dec_yield(d, objs, curr);
+            }
+        }
     }
 
     if(dec_curr(d) != st_done) {
@@ -908,7 +976,8 @@ decode(ErlNifEnv* env, int argc, const ERL_NIF_TERM argv[])
     }
 
 done:
-    dec_destroy(d);
+    jiffy_consume_timeslice(env, d->reds, d->i, &processed);
+    dec_destroy(env, d);
 
     return ret;
 }
diff --git a/c_src/encoder.c b/c_src/encoder.c
index c23b309..3ad2eb5 100644
--- a/c_src/encoder.c
+++ b/c_src/encoder.c
@@ -36,12 +36,16 @@ typedef struct {
 
     int             iolen;
     ERL_NIF_TERM    iolist;
+    size_t          iosize;
     ErlNifBinary*   curr;
 
 
     char*           p;
     unsigned char*  u;
     size_t          i;
+
+    int             is_resource;
+    size_t          reds;
 } Encoder;
 
 
@@ -61,7 +65,7 @@ static char* shifts[NUM_SHIFTS] = {
 
 
 int
-enc_init(Encoder* e, ErlNifEnv* env, ERL_NIF_TERM opts, ErlNifBinary* bin)
+enc_init(Encoder* e, ErlNifEnv* env, ERL_NIF_TERM opts)
 {
     ERL_NIF_TERM val;
 
@@ -71,6 +75,7 @@ enc_init(Encoder* e, ErlNifEnv* env, ERL_NIF_TERM opts, ErlNifBinary* bin)
     e->pretty = 0;
     e->shiftcnt = 0;
     e->count = 0;
+    e->reds = REDUCTIONS;
 
     if(!enif_is_list(env, opts)) {
         return 0;
@@ -83,15 +88,16 @@ enc_init(Encoder* e, ErlNifEnv* env, ERL_NIF_TERM opts, ErlNifBinary* bin)
             e->pretty = 1;
         } else if(enif_compare(val, e->atoms->atom_force_utf8) == 0) {
             // Ignore, handled in Erlang
-        } else {
+        } else if(!get_reductions(env, val, e->atoms, &e->reds)) {
             return 0;
         }
     }
 
     e->iolen = 0;
     e->iolist = enif_make_list(env, 0);
-    e->curr = bin;
-    if(!enif_alloc_binary(BIN_INC_SIZE, e->curr)) {
+    e->iosize = 0;
+    e->curr = enif_alloc(sizeof(ErlNifBinary));
+    if(!e->curr || !enif_alloc_binary(BIN_INC_SIZE, e->curr)) {
         return 0;
     }
 
@@ -101,15 +107,19 @@ enc_init(Encoder* e, ErlNifEnv* env, ERL_NIF_TERM opts, ErlNifBinary* bin)
     e->u = (unsigned char*) e->curr->data;
     e->i = 0;
 
+    e->is_resource = 0;
+
     return 1;
 }
 
 void
-enc_destroy(Encoder* e)
+enc_destroy(ErlNifEnv* env, void* enc)
 {
+    Encoder *e = enc;
     if(e->curr != NULL) {
         enif_release_binary(e->curr);
     }
+    enif_free(e->curr);
 }
 
 ERL_NIF_TERM
@@ -189,6 +199,7 @@ enc_unknown(Encoder* e, ERL_NIF_TERM value)
 
     e->iolist = enif_make_list_cell(e->env, value, e->iolist);
     e->iolen++;
+    e->iosize += e->i;
 
     // Reinitialize our binary for the next buffer.
     e->curr = bin;
@@ -493,13 +504,26 @@ enc_comma(Encoder* e)
     return 1;
 }
 
+static ERL_NIF_TERM
+enc_yield(Encoder* e, ERL_NIF_TERM stack)
+{
+    Encoder* enc = e;
+    if(!e->is_resource) {
+        enc = enif_alloc_resource(e->atoms->res_encoder, sizeof(Encoder));
+        *enc = *e;
+        enc->is_resource = 1;
+    }
+    ERL_NIF_TERM val = enif_make_resource(e->env, enc);
+    return enif_make_tuple3(e->env, e->atoms->atom_partial, val, stack);
+}
+
+
 ERL_NIF_TERM
 encode(ErlNifEnv* env, int argc, const ERL_NIF_TERM argv[])
 {
     Encoder enc;
     Encoder* e = &enc;
 
-    ErlNifBinary bin;
     ERL_NIF_TERM ret;
 
     ERL_NIF_TERM stack;
@@ -514,11 +538,18 @@ encode(ErlNifEnv* env, int argc, const ERL_NIF_TERM argv[])
         return enif_make_badarg(env);
     }
 
-    if(!enc_init(e, env, argv[1], &bin)) {
-        return enif_make_badarg(env);
+    jiffy_st *priv = enif_priv_data(env);
+    if(!enif_get_resource(env, argv[0], priv->res_encoder, (void **) &e)) {
+        if(!enc_init(e, env, argv[1])) {
+            return enif_make_badarg(env);
+        }
+        stack = enif_make_list(env, 1, argv[0]);
+    } else {
+        stack = argv[1];
+        e->env = env;
     }
 
-    stack = enif_make_list(env, 1, argv[0]);
+    size_t processed = e->iosize + e->i;
 
     while(!enif_is_empty_list(env, stack)) {
         if(!enif_get_list_cell(env, stack, &curr, &stack)) {
@@ -690,6 +721,9 @@ encode(ErlNifEnv* env, int argc, const ERL_NIF_TERM argv[])
                 goto done;
             }
         }
+        if(jiffy_consume_timeslice(env, e->reds, e->iosize + e->i, &processed)) {
+            return enc_yield(e, stack);
+        }
     }
 
     if(!enc_done(e, &item)) {
@@ -704,6 +738,7 @@ encode(ErlNifEnv* env, int argc, const ERL_NIF_TERM argv[])
     }
 
 done:
-    enc_destroy(e);
+    jiffy_consume_timeslice(env, e->reds, e->i, &processed);
+    enc_destroy(env, e);
     return ret;
 }
diff --git a/c_src/jiffy.c b/c_src/jiffy.c
index 964222c..45674d8 100644
--- a/c_src/jiffy.c
+++ b/c_src/jiffy.c
@@ -23,11 +23,17 @@ load(ErlNifEnv* env, void** priv, ERL_NIF_TERM info)
     st->atom_uescape = make_atom(env, "uescape");
     st->atom_pretty = make_atom(env, "pretty");
     st->atom_force_utf8 = make_atom(env, "force_utf8");
+    st->atom_reductions = make_atom(env, "reductions");
 
     // Markers used in encoding
     st->ref_object = make_atom(env, "$object_ref$");
     st->ref_array = make_atom(env, "$array_ref$");
 
+    st->res_encoder = enif_open_resource_type(env, "jiffy", "encoder",
+        enc_destroy, ERL_NIF_RT_CREATE, NULL);
+    st->res_decoder = enif_open_resource_type(env, "jiffy", "decoder",
+        dec_destroy, ERL_NIF_RT_CREATE, NULL);
+
     *priv = (void*) st;
 
     return 0;
@@ -54,7 +60,7 @@ unload(ErlNifEnv* env, void* priv)
 
 static ErlNifFunc funcs[] =
 {
-    {"nif_decode", 1, decode},
+    {"nif_decode", 2, decode},
     {"nif_encode", 2, encode}
 };
 
diff --git a/c_src/jiffy.h b/c_src/jiffy.h
index 3dda545..f0d18e3 100644
--- a/c_src/jiffy.h
+++ b/c_src/jiffy.h
@@ -6,6 +6,8 @@
 
 #include "erl_nif.h"
 
+#define REDUCTIONS 1000
+
 typedef struct {
     ERL_NIF_TERM    atom_ok;
     ERL_NIF_TERM    atom_error;
@@ -19,17 +21,25 @@ typedef struct {
     ERL_NIF_TERM    atom_uescape;
     ERL_NIF_TERM    atom_pretty;
     ERL_NIF_TERM    atom_force_utf8;
+    ERL_NIF_TERM    atom_reductions;
 
     ERL_NIF_TERM    ref_object;
     ERL_NIF_TERM    ref_array;
+
+    ErlNifResourceType *res_encoder;
+    ErlNifResourceType *res_decoder;
 } jiffy_st;
 
 ERL_NIF_TERM make_atom(ErlNifEnv* env, const char* name);
 ERL_NIF_TERM make_ok(jiffy_st* st, ErlNifEnv* env, ERL_NIF_TERM data);
 ERL_NIF_TERM make_error(jiffy_st* st, ErlNifEnv* env, const char* error);
+int get_reductions(ErlNifEnv *env, ERL_NIF_TERM term, jiffy_st* st, size_t* val);
+int jiffy_consume_timeslice(ErlNifEnv *env, size_t reds, size_t cur, size_t* proc);
 
 ERL_NIF_TERM decode(ErlNifEnv* env, int argc, const ERL_NIF_TERM argv[]);
 ERL_NIF_TERM encode(ErlNifEnv* env, int argc, const ERL_NIF_TERM argv[]);
+void enc_destroy(ErlNifEnv* env, void* e);
+void dec_destroy(ErlNifEnv* env, void* d);
 
 int int_from_hex(const unsigned char* p);
 int int_to_hex(int val, char* p);
diff --git a/c_src/util.c b/c_src/util.c
index f1be3ec..3a6ef6e 100644
--- a/c_src/util.c
+++ b/c_src/util.c
@@ -24,3 +24,32 @@ make_error(jiffy_st* st, ErlNifEnv* env, const char* error)
 {
     return enif_make_tuple2(env, st->atom_error, make_atom(env, error));
 }
+
+int
+get_reductions(ErlNifEnv *env, ERL_NIF_TERM term, jiffy_st* st, size_t* val)
+{
+    int arity;
+    const ERL_NIF_TERM *tuple;
+
+    return enif_get_tuple(env, term, &arity, &tuple) &&
+           arity == 2 &&
+           enif_compare(tuple[0], st->atom_reductions) == 0 &&
+           enif_get_int(env, tuple[1], (int*) val) &&
+           val >= 0;
+}
+
+int
+jiffy_consume_timeslice(ErlNifEnv *env, size_t reds, size_t cur, size_t* proc) {
+#if ERL_NIF_MAJOR_VERSION >= 2 && ERL_NIF_MINOR_VERSION >= 4
+#define PERCENTS 10
+    if (reds > 0 && cur - *proc >= reds / PERCENTS) {
+        int percents = 100 * (cur - *proc) / reds;
+        percents = (percents <   1) ? 1 : (
+                   (percents > 100) ? 100 :
+                    percents );
+        *proc = cur;
+        return enif_consume_timeslice(env, percents);
+    }
+#endif
+    return 0;
+}
diff --git a/src/jiffy.erl b/src/jiffy.erl
index c4b3d69..9039a5f 100644
--- a/src/jiffy.erl
+++ b/src/jiffy.erl
@@ -2,13 +2,17 @@
 % See the LICENSE file for more information.
 
 -module(jiffy).
--export([decode/1, encode/1, encode/2]).
+-export([decode/1, decode/2, encode/1, encode/2]).
 -define(NOT_LOADED, not_loaded(?LINE)).
 
 -on_load(init/0).
 
-decode(Data) when is_binary(Data) ->
-    case nif_decode(Data) of
+decode(Data) ->
+    decode(Data, []).
+
+
+decode(Data, Options) when is_binary(Data) ->
+    case nif_decode_loop(Data, Options) of
         {error, _} = Error ->
             throw(Error);
         {partial, EJson} ->
@@ -16,8 +20,8 @@ decode(Data) when is_binary(Data) ->
         EJson ->
             EJson
     end;
-decode(Data) when is_list(Data) ->
-    decode(iolist_to_binary(Data)).
+decode(Data, Options) when is_list(Data) ->
+    decode(iolist_to_binary(Data), Options).
 
 
 encode(Data) ->
@@ -26,7 +30,7 @@ encode(Data) ->
 
 encode(Data, Options) ->
     ForceUTF8 = lists:member(force_utf8, Options),
-    case nif_encode(Data, Options) of
+    case nif_encode_loop(Data, Options) of
         {error, invalid_string} when ForceUTF8 == true ->
             FixedData = jiffy_utf8:fix(Data),
             encode(FixedData, Options -- [force_utf8]);
@@ -99,9 +103,25 @@ init() ->
 not_loaded(Line) ->
     erlang:nif_error({not_loaded, [{module, ?MODULE}, {line, Line}]}).
 
-nif_decode(_Data) ->
+nif_decode_loop(Data, Options) ->
+    case nif_decode(Data, Options) of
+        {partial, Decoder, Objs, Curr} ->
+            nif_decode_loop(Data, {Decoder, Objs, Curr});
+        Other ->
+            Other
+    end.
+
+nif_decode(_Data, _Options) ->
     ?NOT_LOADED.
 
+nif_encode_loop(Data, Options) ->
+    case nif_encode(Data, Options) of
+        {partial, Encoder, Stack} ->
+            nif_encode_loop(Encoder, Stack);
+        Other ->
+            Other
+    end.
+
 nif_encode(_Data, _Options) ->
     ?NOT_LOADED.