Btrfs is a copy-on-write filesystem for Linux that provides features like snapshots, checksums, online defragmentation and online resizing. It uses a B+ tree data structure under the hood. The document discusses the history and development of Btrfs, including key modifications made to the traditional B-tree structure to better support the copy-on-write approach. It also outlines the main features of Btrfs like RAID, compression, cloning and snapshots.