Molluscum contagiosum is a benign viral infection caused by the molluscum contagiosum virus, characterized by dome-shaped, umbilicated papules primarily affecting children, with sexual transmission leading to lesions in young adults. The virus leads to increased cell division in the skin, creating lobulated epidermal growths that may cause complications like eczema and chronic conjunctivitis. While most cases resolve spontaneously within 6-9 months, various treatment options are available for symptomatic cases or persistent lesions.