..i cant find anything to back it up to say that it works and holds off algae...
Here ya go
"Encyclopedia of Aquarium Plants" written by Peter Hiscock
"Plants are able to regulate the rate of photosynthesis relatively easily, and quickly respond to changes in light conditions. In other words, they do not take long to warm up and start photosynthesizing once there is sufficient light. However, algae are not as biologically advanced as plants and need a long and relatively uninterrupted period of light to function properly. It is possible to combat algae in the aquarium by controlling the intensity and period of lighting in the aquarium and creating a "siesta" period. This is a period of darkness that interrupts the normal day/night light cycle in the aquarium. If the aquarium receives 5-6 hours of lighting followed by 2-3 hours of darkness and then another 5-6 light, the plants will be relatively unaffected and receive enough light throughout the day, but algae growth rates will be significantly reduced and may even start to die back."
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