Verilog is a hardware description language used for designing digital circuits. It allows circuits to be modeled both structurally using primitives and modules, and behaviorally using initial and always blocks. Structural modeling connects instances of modules and primitives, while behavioral modeling uses imperative code. Verilog supports both combinational logic using continuous assignments and sequential logic using blocking assignments in always blocks. It performs event-driven discrete event simulation and uses four-valued logic for nets and registers.