This post is intended to explain gamma/(the Lorentz factor) in terms of physical
processes and minimal math instead of theoretical statements.
The light clock consists of an integrated light emitter/detector, and a mirror, separated
by a rod of length r. The clock counts a unit of time (t=1 tick) when a photon moves
the length of the rod to the mirror, and returns to the detector.
There are two observers, U who is not moving, and A who is moving at .6c relative to U
on the Ux axis. Each has a copy of the clock with the rod oriented perpendicular to the
x axis.
Since the outbound path equals the inbound path, we only need to consider the first
path.
With U and A at the origin, each clock emits multiple photons (shown as a blue quarter
circle because object motion is restricted to the +x axis.)
For U the photon moves a distance r (.5 tick).
For A the intersection of the circular arc and rod determine which photon becomes part
of the clock. [1]The photon path ct can be resolved into the vt component which
compensates for the motion of A and the st component which is the active part of the
clock. When a photon arrives at the U mirror, the A clock photon has not reached the
mirror because the photon speed relative to the rod is s. If r' equals the path length to
the mirror for the A photon, then t'/t = r'/r = c/s = gamma.
[1] A vector can be expressed in components suitable for the situation.