Sketching data structures — LK blog
The Count-Min (CM) sketch is less known than the Bloom filter, but it is somewhat similar (especially to the counting variants of the Bloom filter). The problem here is to store a numerical value associated with each element, say the number of occurrences of the element in a stream (for example when counting accesses from different IP addresses to a server). Surprisingly, this can be done using less space than the number of elements, with the trade-off that the result can be slightly off sometimes, but mostly on the small values. Again, the parameters of the data structure can be chosen such as to obtain a desired accuracy.
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