Node.js is a JavaScript runtime built on Chrome's V8 JavaScript engine. It uses an event-driven, non-blocking I/O model that makes it lightweight and efficient, especially for real-time web applications with many concurrent connections. The document discusses why Node.js uses an asynchronous and non-blocking model, why JavaScript was chosen as the language, and why the V8 engine is fast. It also explains why Node.js is threadless and memory efficient. Finally, it notes that the Node.js community is very active and creative.