What is the difference between "Remux Running" and "Transcoder Ready" when watching recording in web viewer?

Channels DVR Server Troubleshooting
#1

Channels DVR Server version 2020.02.19.0306

What is the difference between these when locally viewing a recording in a web browser using the max 1080P@10Mbps setting?
Remux Running at 4mbps: 38m15s @ 12.77x (765.74fps)
Transcoder Ready

When I first play the recording (came from a HDHR Prime) it shows "Remux Running at 4mbps: 38m15s @ 12.77x (765.74fps)" while playing.

If I stop the playback and then restart playing the recording in the same web browser it shows "Transcoder Ready" while playing?

No issues with either playback, just curious.

#2

Shot in the dark, but "Remux Running" means that Channels is repackaging—re-multiplexing, or "remuxing"—the stream from MPEG Transport Stream (which is the format output by HDHomeRun tuners) into an HLS—HTTP Live Stream, which uses MPEG-4 containers—because browsers usually don't understand TS.

"Transcoder Ready" is displayed when you stream it again, because it's not actively doing anything. This is because the DVR server keeps a cache of recently transcoded and/or remuxed streams to speed up the process for additional views.

(Please feel free to correct these points, as I'm just making assumptions here.)