Postgres-XL is an open-source, scale-out relational database management system designed for massive parallel processing and high scalability in OLTP and big data analytics. It enables efficient data distribution across nodes with cluster-wide ACID properties, and supports various programming connectors and features such as multi-version concurrency control and geo-spatial data types. While it offers many advantages over traditional PostgreSQL, it currently lacks built-in high availability and requires external solutions for such features.