Visually lossless CinemaDNG codec?

Hi,
Just curious, is the visually lossless compression employed on the 4K BMCC based on the same compression standard specified by Adobe in the DNG 1.4.0.0 spec (i.e., Lossy JPEG)? If so, does that mean that the image data is essentially being encoded at only 8-bits, or has there been some extension allowing for greater than 8-bit JPEG compression?
Secondly, as I understand the spec, the Adobe DNG JPEG compressed format requires the Bayer data to be demosaiced before compression... If that is the case, does that imply that demosacing is taking place in-camera, and by using this format we won't have the capability to take advantage of more advanced demosaicing algorithms in an offline setting? Or has the on-board compute capability of the camera gotten to the point where offline demosaicing offers negligible gains?
Thanks,
Jason
Just curious, is the visually lossless compression employed on the 4K BMCC based on the same compression standard specified by Adobe in the DNG 1.4.0.0 spec (i.e., Lossy JPEG)? If so, does that mean that the image data is essentially being encoded at only 8-bits, or has there been some extension allowing for greater than 8-bit JPEG compression?
Secondly, as I understand the spec, the Adobe DNG JPEG compressed format requires the Bayer data to be demosaiced before compression... If that is the case, does that imply that demosacing is taking place in-camera, and by using this format we won't have the capability to take advantage of more advanced demosaicing algorithms in an offline setting? Or has the on-board compute capability of the camera gotten to the point where offline demosaicing offers negligible gains?
Thanks,
Jason