  Maximum coverage and minimum set cover problems --collectively called
coverage problems-- have been studied extensively in streaming models. However,
previous research not only achieve sub-optimal approximation factors and space
complexities, but also study a restricted set arrival model which makes an
explicit or implicit assumption on oracle access to the sets, ignoring the
complexity of reading and storing the whole set at once. In this paper, we
address the above shortcomings, and present algorithms with improved
approximation factor and improved space complexity, and prove that our results
are almost tight. Moreover, unlike most of previous work, our results hold on a
more general edge arrival model. More specifically, we present (almost) optimal
approximation algorithms for maximum coverage and minimum set cover problems in
the streaming model with an (almost) optimal space complexity of
$\tilde{O}(n)$, i.e., the space is {\em independent of the size of the sets or
the size of the ground set of elements}. These results not only improve over
the best known algorithms for the set arrival model, but also are the first
such algorithms for the more powerful {\em edge arrival} model. In order to
achieve the above results, we introduce a new general sketching technique for
coverage functions: This sketching scheme can be applied to convert an
$\alpha$-approximation algorithm for a coverage problem to a
$(1-\eps)\alpha$-approximation algorithm for the same problem in streaming, or
RAM models. We show the significance of our sketching technique by ruling out
the possibility of solving coverage problems via accessing (as a black box) a
$(1 \pm \eps)$-approximate oracle (e.g., a sketch function) that estimates the
coverage function on any subfamily of the sets.
