yeah, that sounds pretty good. but more people nowadays it is more popular to use the term Blockchain. you like it and you can use the term. The most important thing is that you and the person you are talking to understand the same meaning.
Timechain or Blockchain refer to the same meaning. What you share also adds insight for users who may not know the early history. Thank you for sharing your thoughts. some may agree, but some will probably stick to terms they understand better.