Flynn is an open-source Platform as a Service (PAAS) that is modular and based on Dokku. It uses Docker containers and builds "slugs" from application source code similar to Heroku. The core Flynn components include a host service, service discovery system, controller, CLI, deployer, slug builder, and slug runner. It allows pushing code to Flynn which compiles a slug, hosts it on a file server, launches it in Docker containers, and sets up routing. While rough around the edges for managing clusters, Flynn has potential due to its small reusable components and ability to manage general containers beyond just applications.