I have a question regarding the definition of a Cauchy sequence of a sequence in a metric space. The definition I learned and that is consistent with Wikipedia defines a sequence $(x_n)_{n=1}^\infty$ as a Cauchy sequence if $$ \forall\, \varepsilon>0 \;\;\exists\, N\in\mathbb{N}\;\; \forall\, m,n \geq N : d(x_m,x_n)<\varepsilon $$ If I am not mistaken, there is a simpler, but equivalent definition: $$ \forall\, \varepsilon>0 \;\; \exists\, N\in\mathbb{N} \;\; \forall\, m \geq N: d(x_m,x_N)<\varepsilon $$ This is simpler, because it only has two natural numbers in it instead of three. This makes it easier to prove, that a given sequence is a Cauchy sequence.
Note that the equivalence relies on the triangle inequality.
Proof: $(\Rightarrow)$: we simply choose $n=N$.
$(\Leftarrow)$: Let $\varepsilon>0$. Then $$ \exists\, N\in\mathbb{N}\;\; \forall\, m \geq N: d(x_m,x_N)<\frac12\varepsilon $$ This means that for $m,n\geq N$ we have $$ d(x_m,x_n) \leq d(x_m,x_N)+d(x_n,x_N) < \frac12\varepsilon +\frac12\varepsilon = \varepsilon $$
So here is my question: why did I never encounter the more simple definition before? Did I make a mistake somewhere? Are there advantages to the common definition, that I don't see?
Edit: Often the shortest/simplest definition becomes the standard definition. Why not in this case?
Here is what I think. First of all, as @Surb pointed out, $\Rightarrow$ is shorter than $\Leftarrow$ (and in fact is pretty short in its own right). It can then be seen that your second definition is an almost immediate corollary of the original, whereas the first definition is definitely not as immediately deducible from the one you found. So in practice, if you wanted to use your definition instead of the original, you could easily just derive it from the original. On the other hand, suppose you had your definition and in some situation you found that the original would be more useful. It would take a lot more work to derive it from your definition, so that's a little bit inconvenient. But really this is just a question of convenience.
Also, and this is more a statement about intuition than anything, I think the original definition expresses a particular intuitive point more clearly than your second one does. The original basically says a sequence is Cauchy if the terms become arbitrarily close to one another. Your definition essentially conveys the same point, but if you think about it, it isn't as obvious from that definition. They are, as you've shown, equivalent so you could obviously use whichever you want.