[1]: 1955 Components such as buses or FIFOs are modeled as channels, and are presented to modules using SystemC interface classes.
Transaction requests take place by calling interface functions of these channel models, which encapsulate low-level details of the information exchange.
[1]: 1955–1957 In 2000, Thorsten Grötker, R&D Manager at Synopsys was preparing a presentation on the communication mechanism in what was to become the SystemC 2.0 standard, and referred to it as "transaction-based modeling".
The fact that TLM does not denote a single level of abstraction but rather a modeling technique didn't make him change his mind.
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