Something I use on my own distributed system (where I wanted 64-bit IDs), is use 32 bits for the time in seconds (with an epoch from 2020, so good until 2088), 8 bits for the device ID and 24 bits for a serial number (resets to 0 every time the seconds increments).

That's generally enough IDs per second for most of my edge nodes, but the central worker nodes need more, so I give them a different split and use 4 bits for the device ID and 28 bits for serial number instead.

If a node overflows its serial number that second, I kind of cheat and increment the seconds field early. Every time this happens, I persist the seconds field to the database, and when the app restarts, it starts its seconds count at the last persisted seconds plus one. If the current time in seconds is greater than the last used seconds, I also update it and reset the serial number. Works remarkably well for smoothing out very occasional spikes in ID generation while still approximately remaining globally sortable.

I also "waste" a bit of the 32-bit time field by considering it to be signed, even though it's not really because I don't expect this system to last long enough to reach times where the MSB gets set. But if I ever change my system, I'll set that bit and everything will stay ordered. I'll probably reset the epoch at that point too.