Knockout.js is an open-source JavaScript framework specializing in implementing the Model-View-ViewModel (MVVM) pattern. It enables the development of interactive user interfaces (UIs) for web applications by using data binding, automatic updating of UI elements, and a declarative binding system.

Here are some key concepts and features of Knockout.js:

1. Data Binding: Knockout.js allows for bidirectional data binding between the data model (Model) and the user interface (View). Changes in either are automatically reflected in the other, creating a synchronized user interface.

2. Observables: The core of Knockout.js is observables, which are special JavaScript objects that enable automatic detection of changes to data and propagation to the user interface. When the value of an observable changes, the associated UI is automatically updated.

3. Declarative Bindings: Knockout.js allows the definition of data bindings directly in HTML markup using special binding attributes. This makes the code cleaner and more readable, as data binding is defined directly in the template.

4. Components: Knockout.js supports the creation of reusable UI components that adhere to the Model-View-ViewModel pattern. This promotes a modular and well-structured codebase.

5. Extensibility: The framework is highly extensible, allowing integration with other JavaScript libraries and frameworks to provide additional features and capabilities.

Knockout.js was developed to simplify the development of complex and dynamic user interfaces in JavaScript-based web applications. It provides an elegant solution for managing UI interactions and data updates and is used by developers to create responsive and maintainable web applications.