Hadoop is an open-source framework for distributed storage and processing of large datasets across clusters of commodity hardware. It implements Google's MapReduce programming model and the Hadoop Distributed File System (HDFS) for reliable data storage. Key components include a JobTracker that coordinates jobs, TaskTrackers that run tasks on worker nodes, and a NameNode that manages the HDFS namespace and DataNodes that store application data. The framework provides fault tolerance, parallelization, and scalability.