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They are different as you and I have both described, but when the sink device can support different streams, it has a significant advantage, because it automatically can support sinking frames from the broadcasting device and it removes the overhead of decompressing and then recompressing with practically assured data loss. It is yet another example of how patents, especially software patents, work against the original intent of the patent process.
I expect it is natural that there is a tipping point, where there is enough content that it becomes engaging for others. It’s like going to a house party. The first few people to arrive at the party awkwardly stand around and might leave early. Once there is the right number of people, the group dynamic shifts and the entire energy of the party is elevated. The Exodus brought a lot of curious visitors, but everyone was standing around. Now there’s engaging content and comments are growing. Some of those who stopped by in June will likely come back at some point if they left early – I did the same thing in the early days of Reddit. I think there’s been a large enough influx to kick things off and I expect things to continue to grow, but the active user count was probably inflated significantly over the past couple of months and will be resetting to more reasonable numbers.