Abstract
We consider two well-known related problems: Longest Repeated Substring (LRS) and Longest Repeated Reversed Substring (LRRS). Their streaming versions cannot be solved exactly; we show that only approximate solutions by Monte Carlo algorithms are possible, and prove a lower bound on consumed memory. For both problems, we present purely linear-time Monte Carlo algorithms working in O(E + n/E) space, where E is the additive approximation error. Within the same space bounds, we then present nearly real-time solutions, which require O(log n) time per symbol and O(n + n/E log n) time overall. The working space exactly matches the lower bound whenever E=O(n^{0.5}) and the size of the alphabet is Omega(n^{0.01}).
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