The equation $$q = mc\Delta t$$ represents the relationship between heat transfer, mass, specific heat capacity, and temperature change in a substance. It shows how much heat (q) is gained or lost by a substance when its temperature changes, where 'm' is the mass of the substance, 'c' is its specific heat capacity, and $$\Delta t$$ is the change in temperature. This equation is fundamental for understanding how energy transfer occurs in both reversible and irreversible processes, especially in terms of energy conservation and transformation.