The 8085 microprocessor is an 8-bit processor with 40 pins. It has multiplexed address and data lines and works on a 5V power supply. It provides 74 instructions with 5 addressing modes and can access 64KB of memory space. Some important pins include the address lines, data lines, read, write, interrupt, and I/O pins. It has arithmetic logic and register groups to perform operations on data stored in registers or memory. Common instructions include MOV, MVI, ADD, SUB, and others to transfer and manipulate data.