Here's a better explanation of the attack: http://vessenes.com/more-ethereum-attacks-race-to-empty-is-t...
Ethereum is not doomed. But devs do need to be educated of this attack.
Ethereum is not doomed. But devs do need to be educated of this attack.
Note: I loved Charles Stross's suggestion of code-as-contract in Acccelerando, so I dig the concept.
It could have been if they followed bitcoins path and started with 10000btc pizza orders :) Greed take over too soon to realize the flaws.