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Hyperloglog is used to find the cardinality of very large datasets. If you want to find the number of unique values, or cardinality, in a dataset, the time it takes to process this query is proportional to how large the dataset is. So if you wanted to find the cardinality of a dataset that contained only 20 entries, the calculation would be very fast. Finding the cardinality of a dataset that contains 20,000 or 20 million entries, however, can take a significant amount of time and compute resources.

Hyperloglog does not calculate the exact cardinality of a dataset, but rather estimates the number of unique values. It does this by converting the original data into a hash of random numbers that represents the cardinality of the dataset. This is not a perfect calculation of the cardinality, but it is usually within a margin of error of 2%.

The benefit of hyperloglog on time-series data is that it can continue to calculate the approximate cardinality of a dataset as it changes over time. It does this by adding an entry to the hyperloglog hash as new data is retrieved, rather than recalculating the result for the entire dataset every time it is needed. This makes it an ideal candidate for using with continuous aggregates.

For more information about approximate count distinct API calls, see the hyperfunction API documentation.

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