Stem cells are undifferentiated cells that can differentiate into specialized cells and divide to produce more stem cells. They are found in multicellular organisms and have two main properties: self-renewal and potency. There are two broad types of stem cells - embryonic stem cells isolated from blastocysts and adult stem cells found in tissues. Adult stem cells maintain and repair the tissues they are found in and have been used to treat conditions like spinal cord injury and heart failure. Research aims to characterize adult stem cells' potency and ability to self-renew.