X -> Y -> Z -> or -> alternatives -> things
EDIT: grammatical correction.
If you thought the answer was 'bored' and you followed the steps (which are not a secret) and you didn't come up with the same end confirmation word as I did. (i.e. me = 'things' you = 'hamster') one of us is wrong and neither of us had to provide our starting word to the other. We don't know who is right yet, we just know we don't agree.
One round leaves some room for error because we could both accidentally choose a word that resolves to the same word in the target position. But since we are doing 5 rounds and moving the target word (1st, 2nd, 3rd etc) for each successive round the odds become much better that we won't have an accidental collision.
(edit: grammar)