I asked this the other day >Am I misunderstanding the product, or are the streams not being merged on the server into a single feed? Are they not recompressin

I asked this the other day >Am I misunderstanding the product, or are the streams not being merged on the server into a single feed? Are they not recompressing streams depending on the receiving device? I find that somewhat unbelievable? Its interesting if what they say is true. Each device encodes their feed exactly once, and then when you are on a call with 50 people, you are receiving 50 separate encrypted feeds, which your client all decrypts separately? With one common key for the whole meeting, and the server has the ability to decrypt for ptsn and recordings, it just chooses not to when those features are not used?