Does it make sense that datetime encodes one-hot-vector like one-hot-encoding or something else like
If you are trying to predict future values then it doesn't make sense to treat them as categorical features. There is nothing you will learn that can predict future data, since you won't see those times again. 

The same holds even if you are trying to predict unseen past data but each time appears only once or a small number of times.

Instead the time values should determine the order of your training data. This way you can avoid leaking future data, and models with state can learn features from the sequential nature of the data.

However, in some cases you may want to extract additional features from the time values. Here are some examples:


Time since last interesting event
Number of interesting events in last time window of size n
Time of day (morning / afternoon / etc)
Day of week
Holiday
Season


Let's make up an example. Here is a dataset of times that users visited a website:

time               user
2017-11-01 00:00   Alice
2017-11-01 00:00   Bob
2017-11-02 00:00   Chris
2017-11-03 00:00   Alice
2017-11-04 00:00   Alice
2017-11-04 00:00   Bob
2017-11-07 00:00   Chris
2017-11-10 00:00   Alice


And here is the same dataset with additional features we have added:

time               user    last_visit   weekend?   time_of_day
2017-11-01 16:22   Alice   N/A          No         afternoon
2017-11-01 11:13   Bob     N/A          No         morning
2017-11-02 20:35   Chris   N/A          No         evening
2017-11-03 16:07   Alice   2 days       No         afternoon
2017-11-04 17:20   Alice   1 day        Yes        afternoon
2017-11-04 10:44   Bob     3 days       Yes        morning
2017-11-07 08:06   Chris   5 days       No         morning
2017-11-10 17:11   Alice   6 days       No         afternoon


If we are trying to predict when a certain user might visit next, then these features might help us a lot. For example we might decide that Alice is more likely to visit in the afternoon, or Bob is unlikely to visit two days in a row.