ABySS is a genome assembler that uses de Bruijn graphs and operates in two stages: the first stage generates contigs from the reads using de Bruijn graphs and techniques like pruning tips and popping bubbles, while the second stage scaffolds the contigs using paired-end information and algorithms to align reads, estimate distances, find consistent paths, and merge contigs. The document provides details on each step of ABySS and shows that it can assemble half a genome into large contigs from short reads in a distributed computing environment.