Is iPhone Mirroring really doing Mirroring?

Understand other technologies or app doing mirroring will have 2 screens active at the same time. But for Apple iPhone Mirroring is showing only 1 screen at a time and with other protection of same Apple ID, Bluetooth and Wifi for proximity checks.

Hence, it is really considered a iPhone Mirroring? https://support.apple.com/en-sg/120421

Is iPhone Mirroring really doing Mirroring?
 
 
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