The paper describes an algorithm for computing longest common substrings of two strings α 1 and α 2 with one mismatch in O(|α 1||α 2|) time and O(|α 1|) additional space. The algorithm always scans symbols of α 2 sequentially, starting from the first symbol. The RAM model of computation is used.
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Babenko et al. (2011) studied this question.
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