A computationally efficient, machine-implementable method and means for detecting and correcting errors in received codewords on-the-fly within the capacity of a linear cyclic code using ultra-fast error location processing. Each error locator polynomial of degree t over a finite Galois field derived from a codeword syndrome is mapped into a matrix representative of a system of linear simultaneous equations related to the polynomial coefficients. Roots indicative of error locations within the codeword are extracted from the matrix by a modified Gaussian Elimination process for all the roots where t≦5 and at least one root plus a subset of candidate roots from the finite field for iterative substitution where t>5. Corrected values are separately determined and correction is secured by logically combining the corrected values with the codeword values in error at the error locations represented by the roots.