# What Is a Transcript?

**Transcripts are certificates of compute**. Each transcript serves as an unchanging record of every step taken, attesting details of every task execution​.

It acts as the ultimate **source of truth**, ensuring that anyone who reviews it can accurately determine the status of a task and verify the correctness of its output. This means **you can rely on the transcript** to provide an accurate account of what happened during such execution.

## Transcript Pillars

<div data-with-frame="true"><figure><img src="/files/qzB8hofm6z5kvGGxIhlx" alt=""><figcaption></figcaption></figure></div>

Transcripts ensure full transparency, driven by the following key pillars:

* **Immutability**: The transcript provides an **unchangeable record** of everything that occurred during task execution. It's a reliable source of truth for the entire process.
* **Protocol**: *Clear Roles & Responsibilities -* The transcript clearly outlines **who is responsible for what and when.** This means anyone reviewing the transcript can easily determine the progress of the task and verify the accuracy of the results.
* **Incentives & Slashes**: *Rewarding Good Behavior, Correcting Mistakes -* The transcript includes **information about rewards and penalties** for following or deviating from the protocol. This ensures that everyone involved has extra motivation to act in accordance with the established guidelines.

{% hint style="info" %}
Click [here](/architecture/execution-transcripts.md) to view an example transcript.
{% endhint %}


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