In other words, you will be drastically modifying SPDIF over TOSLINK and you call that a detail?
What exactly I modify drastically ?
SPDIF provides a digital stream where audio information is encoded.
Does applying this stream to a powerful LED instead of applying this stream to a laser (or whatever active device that injects light into an optical cable) drastically change the transmission chain? In my app the optical cable merely disappears. How to drive the LEDs is another issue, unrelated to this forum.
Besides, why use a method designed for transmitting 20-bit audio data streams instead of creating your own format? You are not concerned with compatibility do you?
In my previous post today, I rephrased the problem, trying to get as close to the main thing as possible, omitting minor details:
find a solution as efficient as possible (means the least components and the least expensive) which does 2 things: (1) convert mic signal to 1-wire digital stream (2) convert 1-wire digital stream to analog audio signal
The resolution of the audio is not an essential detail. Any other suggestions that help realize the main concept using, say, an 8...16-bit stream are welcome.