Engineering a Simplified 0-Bit Consistent Weighted Sampling
Edward Raff, Jared Sylvester, Charles Nicholas

TL;DR
This paper introduces a simplified 0-bit consistent weighted sampling method that significantly accelerates the ICWS algorithm, maintaining accuracy while achieving over 20 times faster performance on various datasets.
Contribution
A new simplified approach to ICWS that reduces computational complexity and speeds up processing without sacrificing result quality.
Findings
Over 20x speedup compared to standard ICWS
Maintains same accuracy as original ICWS
Effective across multiple datasets and scenarios
Abstract
The Min-Hashing approach to sketching has become an important tool in data analysis, information retrial, and classification. To apply it to real-valued datasets, the ICWS algorithm has become a seminal approach that is widely used, and provides state-of-the-art performance for this problem space. However, ICWS suffers a computational burden as the sketch size K increases. We develop a new Simplified approach to the ICWS algorithm, that enables us to obtain over 20x speedups compared to the standard algorithm. The veracity of our approach is demonstrated empirically on multiple datasets and scenarios, showing that our new Simplified CWS obtains the same quality of results while being an order of magnitude faster.
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