Subversion is an open source version control system that allows users to keep track of changes to files over time. It allows multiple users to work on projects together and easily merge changes. Subversion repositories can be set up with a trunk for main development and branches for experimental or release versions. Users check files out from the repository, make changes locally, and commit changes back with log messages. Conflicts that arise from simultaneous edits can be resolved by choosing one version over the other or merging changes. Branches and tags are used to experiment with code and create snapshots independently of the trunk.