Natural fork rates in Proof-of-Work blockchains are governed, to a good approximation, by the product of the propagation-to-mining time ratio and one minus the Herfindahl-Hirschman concentration index.
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How the interplay between power concentration, competition, and propagation affects the resource efficiency of distributed ledgers
Natural fork rates in Proof-of-Work blockchains are governed, to a good approximation, by the product of the propagation-to-mining time ratio and one minus the Herfindahl-Hirschman concentration index.