How can PostgreSQL let many transactions read and write the same table at once without readers blocking writers or writers blocking readers? The answer is MVCC — Multi-Version Concurrency Control. Instead of overwriting a row in place, PostgreSQL keeps multiple versions of it, and each transaction sees the version appropriate to its snapshot. This is the engine behind the isolation levels from the previous lesson.
Under MVCC, an UPDATE does not modify the existing row; it writes a new version and marks the old one as expired. A DELETE marks a row as expired without immediately removing it. Readers continue to see the old version until their snapshot no longer needs it. The dramatic consequence is that reads never block writes and writes never block reads — only two writers to the same row contend.
The trade-off is that obsolete row versions, called dead tuples, accumulate and must be cleaned up, which is the job of VACUUM. Understanding MVCC explains both PostgreSQL's excellent read/write concurrency and its characteristic operational concerns — table bloat and the need for vacuuming — that later lessons address in depth.