In this work, we investigate the critical behavior of a model describing the parity-conserving branching and annihilating process of random walkers. The model is simulated on a one dimensional lattice on which the sites can be occupied by multiple particles with a finite annhilation probability. We determine the threshold of the phase transition between the statistically stationary active state and the absorbing state. From steady-state simulations and a finite-size scaling analysis, we calculate the order-parameter, orderparameter fluctuations, and spacial correlation length critical exponents. Further, we follow the short-time critical relaxation to provide a set of relevant dynamical critical exponents. We check the validity of the hyperscaling relation for both sets of stationary and dynamical critical exponents. These are consistent with the BARW-PC universality class.
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