diff --git a/ch03.asciidoc b/ch03.asciidoc
index 6a9bb5f..ed7a1f1 100644
--- a/ch03.asciidoc
+++ b/ch03.asciidoc
@@ -420,7 +420,7 @@ This makes development a little bit tricky as one cannot easily monitor one's ow
 * different scope of the network
 ** global path finding (entire knowledge of the network necessary)
 ** multihop routing (onion necessary only a subset of nodes involved)
-** locally setting up and setteling htlcs (only peers involved)
+** locally setting up and settling htlcs (only peers involved)
 
 === Thoughts about Trust
 As long as a person follows the protocol and has their node secured, there is no principle risk of losing funds when participating with the Lightning Network.