From Fedora Project Wiki
Systemd is a system and session manager for Linux, compatible with SysV and LSB init scripts. systemd provides aggressive parallelization capabilities, uses socket and D-Bus activation for starting services, offers on-demand starting of daemons, keeps track of processes using Linux cgroups, supports snapshotting and restoring of the system state, maintains mount and automount points and implements an elaborate transactional dependency-based service control logic. It can work as a drop-in replacement for sysvinit.
New Kernel Command Line Parameters
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