When working with linked lists, one common problem developers face is detecting whether the list contains a cycle.Floyd’s Cycle Detection Algorithm, also known as the "Tortoise and Hare" approach, is an efficient solution to detect cycles in a linked list.The algorithm uses two pointers - a slow pointer that moves one step at a time and a fast pointer that moves two steps at a time.If the fast pointer eventually meets the slow pointer, a cycle exists; otherwise, there is no cycle.