Approximating Edit Distance Within Constant Factor in Truly Sub-Quadratic Time
Diptarka Chakraborty, Debarati Das, Elazar Goldenberg, Michal Koucky,, Michael Saks

TL;DR
This paper presents a new algorithm that approximates the edit distance between two strings within a constant factor in truly sub-quadratic time, significantly improving efficiency over previous methods.
Contribution
The authors develop a novel algorithm achieving constant factor approximation of edit distance in ilde{O}(n^{2-2/7}) time, surpassing prior nearly linear time approximations.
Findings
Achieves constant factor approximation in sub-quadratic time
Runs in ilde{O}(n^{2-2/7}) time, faster than quadratic
Improves efficiency of approximate edit distance computation
Abstract
Edit distance is a measure of similarity of two strings based on the minimum number of character insertions, deletions, and substitutions required to transform one string into the other. The edit distance can be computed exactly using a dynamic programming algorithm that runs in quadratic time. Andoni, Krauthgamer, and Onak (2010) gave a nearly linear time algorithm that approximates edit distance within an approximation factor . In this paper, we provide an algorithm with running time that approximates the edit distance within a constant factor.
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