Your question about clocking is a good one and it only takes about 2 seconds to get me out of my comfort zone
I'll share what little I think I understand
The issue of clocking is part of an age old problem of jitter in the digital waveform and not specific to streaming, we have the same issue with CD playback, thus the TCP algorithms and protocols may or may not always apply, depending on where the clocking occurs
My limited understanding is one of the mechanism of reducing jitter is improving the precision of the clocking and providing a more accurate digital waveform for conversion and thus improved SQ at analog playback
That seems to lead to various opinions on where the clocking should occur, what device gets to be the master clock, should it be re-clocked and circuitry discussions - ALL WAY OVER MY HEAD
Here's some marketing specs from an audio grade network switch highlighting the advantages of their clocking technology
Specs & Pricing
Circuitry: Fully differential clock circuitry, isolators, and flip-flops
Clock system: Ultra-low jitter/phase noise Crystek CCHD-575 oscillator
I've also seen various stand alone master clock hardware that sits between the transport and the DAC
I've read about one master clock that improves accuracy by maintaining frequency temperature characteristics
Since temperature has a huge effect on accuracy of the crystal oscillator, minimising temperature changes and maintaining it at an ideal level are extremely important in order to generate an accurate clock signal. The CG-10M employs an innovative oven-controlled crystal oscillator, the TEAC Reference OCXO to reduce oscillation frequency fluctuations caused by temperature changes.
What does a master clock do in audio?
The clock provides that timing information and allows the waveform to be reconstructed as an analogue signal correctly when required (assuming the sample rate is more than twice the highest frequency component of the audio signal being sampled).
I find the concepts both amusing and intriguing, does my system need a master clock?
Heck if I know but I'll know it when I hear it, and that will require me to evaluate a couple in my system over time
Hope that helps and there are many on this forum MUCH more qualified than I to tell us both in layman terms the conventional thinking in this space
Happy listening and enjoy the journey