Post
Topic
Board Bitcoin Discussion
Re: What are the wise decisions made by Satoshi?
by
StarfishPrime
on 10/03/2014, 04:24:18 UTC
Satoshi recognized that replace-by-fee was a very bad idea (except where the inputs and outputs were unchanged).

Additionally, he understood that each node accepting the tx it sees first is a key concept in the distributed consensus mechanism:

Quote
December 09, 2010, 11:58:54 PM:
...
There would need to be some changes on the Bitcoin Miner side also, to make the possibility to accept a double-spend into the transaction pool, but only strictly if the inputs and outputs match and the transaction fee is higher.  Currently, double-spends are never accepted into the transaction pool, so every node bears witness to which transaction it saw first by working to put it into a block.
...

(emphasis mine)