I'm currently doing some double-spend testing, and it appears that the standard client prefers broadcasting transactions that credit its wallet. That is to say, a client that receives such a transaction broadcasts it more, than it would broadcast other transactions in hopes of getting it into a block sooner. Is this truly the case, or are my observations incorrect?

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According to the Satoshi client transaction exchange behavior, this does not seem to be the case. However, that page isn't written well. Looking at the actual source code, I cannot see any special behavior for transactions to an address in your wallet, but I do see special behavior for transactions from such an address.

Thus, I do not think the behavior you observed is actually valid, and is more likely a pattern you noticed because human beings are too good at noticing patterns for our own good.

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