No, it's entirely different. You can use the BetterDisplay app to download the EDID file, alter its contents via AW EDID Editor and then use BetterDisplay to apply the new EDID. You have to upload it here (see below) and click `Apply EDID Now` which will briefly disconnect the display and reconnect it with the updated EDID:
View attachment 2155497
I wonder if somebody edited the EDID file for a HDMI dongle connection and altered the interface from HDMI to DisplayPort at Video Interface bits (to 0101 - you can also find the setting under Video Input Definition / Interface in AW EDID EDitor) - would it does make a difference for HDMI dongles? I don't know how exactly macOS classifies a connection as HDMI if it actually receives the signal as DisplayPort from an USB-C dongle besides this - this change should not affect the dongle itself as the EDID override stays on the Mac, but might trigger a change and the DCP (or macOS) will impose a different set of limits on the connection (allowing 4K@120Hz maybe)?
This Worked for me as well
1. Flashed MOSHOU Cable firmware using the "vmm61004k120hzrgb-fullrom.zip"
2. Followed EDID method above posted by @stevemr123 and @AironMan. (custom EDID)
Note: Make sure you are on Ventura
TV: LG C2 42"
HDMI CABLE: MOSHOU USB C TO HDMI 8k 60Hz 4k 120Hz (Aliexpress)