The Chromecast device is a "receiver device [that] runs a scaled-down Chrome browser with a receiver application". Can I download and install this receiver app on a chrome browser for example on my Windows notebook?
Answer
I have implemented a complete chromecast v2 receiver, called YouMap ChromeCast Receiver, available in Google play store and Amazon store, xda-developer thread here: http://forum.xda-developers.com/android-tv/chromecast/app-youmap-chromecast-receiver-android-t3161851
The current Chromecast protocol is a completely different one from the original DIAL based protocol. Right now, only YouTube still uses the old protocol, which chromecast maintains its backward compatibility.
The discovery is mDNS, exactly same as Apple TV bonjour protocol.
The most difficult part is device authentication, the sender and the receiver perform handshakes by exchanging keys and certificates in a way extremely difficult to crack. AppleTV does the same using FairPlay encryption.
The next difficult part is the mirroring protocol, which is also very complicated, need to deal with packet splits, packet retransmissions. Overall, chromecast mirroring protocol is well designed, better than miracast, better than AirPlay mirroring (I have also implemented both of them, so I know what I am talking about).
When I get chances, will write more here.