Learning node representations is a crucial task with a plethora of
interdisciplinary applications. Nevertheless, as the size of the networks
increases, most widely used models face computational challenges to scale to
large networks. While there is a recent effort towards designing algorithms
that solely deal with scalability issues, most of them behave poorly in terms
of accuracy on downstream tasks. In this paper, we aim at studying models that
balance the trade-off between efficiency and accuracy. In particular, we
propose NodeSig, a scalable embedding model that
computes binary node representations. NodeSig
exploits random walk diffusion probabilities via stable random projection
hashing, towards efficiently computing embeddings in the Hamming space. Our
extensive experimental evaluation on various graphs has demonstrated that the
proposed model achieves a good balance between accuracy and efficiency compared
to well-known baseline models on two downstream tasks