It's not a binary choice. Independent boffin builds a ternary CPU on an FPGA

The 5500FP is a ternary CPU implemented on an FPGA. It's not very fast, but it makes it easier to experiment with computers ...
IEEE

Neural-Network-Based Recursive State Estimation for Nonlinear Networked Systems With Binary-Encoding Mechanisms

Abstract: This work addresses the problem of recursive state estimation for networked control systems with unknown nonlinearities and binary-encoding mechanisms (BEMs). To enhance transmission ...
IEEE

Semantic Encoding Algorithm for Classification and Retrieval of Aviation Safety Reports

Abstract: Automated analysis of aviation safety reports is helpful in effectively preventing future accidents and improving emergency response capabilities. To date, there are no publicly available ...