Ripple positions itself as a complement to, not a competitor to Bitcoin website has a page dedicated to Ripple for bitcontrol. Ripple is a distributed network, which means that transactions are taking place simultaneously on the network – and because they are equal to each other, the network is resilient to systemic risk. The series is not extracted – unlike bitcoin and its peers – but each transaction destroys a small amount of XRP, which adds deflationary measure in the system. Currently, there are 100 billion XRP.