A Large-Scale Analysis of Early Domain Deletions

> Bitsquatting it very similar [to typosquatting], but it involves registering do- mains with an ASCII encoding one bit different from the target to capitalize on random bitflips during the resolution process.

Wow, kind of mind boggling that one can profitably (?) capitalize on random bit flips. More details here: http://dinaburg.org/bitsquatting.html

Why cant ICANN itself start auction and back order service? In that way it can make good amount of money too.