Introduced in 2003 by Cormode and Muthukrishnan, the Count-Min sketch is a popular and simple algorithm for summarizing 1 data streams. In...

The table shows that we can count the words with a 3% error rate using only 512 bytes of space. Compare that to a perfect count using a HashMap that requires nearly 10 megabytes of space and you can easily see why cardinality estimators are useful. In applications where accuracy is not paramount, which is true for most web scale and network counting scenarios, using a probabilistic count
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