rondilienne wrote:
Am I understanding correctly that they’re the same shape but different wiring so not interchangeable?
Thunderbolt 1 & 2 use the same physical connector as Mini DisplayPort.
On Macs that have Thunderbolt 1 & 2 ports, and most peripherals that have Thunderbolt 1 & 2 ports (e.g., long-discontinued docks), things are usually set up so that the last port in a chain can act as a Thunderbolt port, or a Mini DisplayPort one. If the Mac (or the last Thunderbolt device in a chain) senses that something is plugged in which doesn't understand Thunderbolt, it does some "magic" to present an unwrapped DisplayPort signal.
The Apple Thunderbolt 3-to-2 adapter lacks that feature and is set up to deal only with Thunderbolt. Likewise, USB-C to Mini DisplayPort adapter and adapter cables know nothing about Thunderbolt, and can only present unwrapped DisplayPort signals at their Mini DisplayPort end.
With regard to cables, Thunderbolt 1 & 2 cables have the same physical connectors as Mini DisplayPort cables, but may be built to higher standards. The higher construction quality and the fact that these cables were more "niche" made them more expensive than Mini DisplayPort cables "in the day" – and makes them rather hard to find, now that Thunderbolt 3 – 5 live on a completely different connector (USB-C).