Sometimes yes! Wikipedia has a cool picture[1] of a 13-track (and hence 13-bit) Gray code encoder in the Gray Code article[2], which would have a resolution of

Sometimes yes! Wikipedia has a cool picture[1] of a 13-track (and hence 13-bit) Gray code encoder in the Gray Code article[2], which would have a resolution of ~.05 degrees. 1: https://upload.wikimedia.org/wikipedia/commons/a/a8/Gray_code_rotary_encoder_13-track_opened.jpg https://upload.wikimedia.org/wikipedia/commons/a/a8/Gray_cod... 2: https://en.wikipedia.org/wiki/Gray_code#Position_encoders https://en.wikipedia.org/wiki/Gray_code#Position_encoders