Instruction Register and Ring Counter
The Instruction Register (IR) and Ring Counter (RC) provide a 12-bit address for the microcode ROMs.
Ring Counter
This is really a binary microinstruction counter but it has two attached 3-to-8 decoders that give output that looks like a ring counter. This output is only used for the LED display that indicates the step - the input to the ROMs will be the 4-bit binary output of the counter. Still, the ring counter terminology is used to match the Ben Eater builds.
Instruction Register
The Instruction Register is double buffered to reduce glitches when the EEPROM address lines change. In the non-buffered design, the EEPROM outputs will be in an unknown state for about 100ns when the Ring Counter address changes on every falling edge of the system clock. In addition, the outputs will also glitch on the rising edge of the clock at instruction step T1 when the IR is loaded with the new opcode. The double buffer adds a second register following the IR register that loads at T1. This register loads the contents of the IR and presents them to the ROM address lines on every falling edge. As a result, the EEPROM address lines only ever change on a falling clock edge, allowing logic that combines ROM signals with a positive clock signal.