One-Hot State encoding has the following attributes:
•Is the default encoding scheme for a state machine, up to 32 states.
•Is usually a good choice for optimizing speed or reducing power dissipation.
•Assigns a distinct bit of code to each FSM state.
•Implements the State Register with one flip-flop for each state.
•In a given clock cycle during operation, only one bit of the State Register is asserted.
•Only two bits toggle during a transition between two states.