BCC is a toolkit for creating efficient kernel tracing and manipulation programs, and includes several useful tools and examples. It makes use of extended BPF (Berkeley Packet Filters), formally known as eBPF, a new feature that was first added to Linux 3.15. Much of what BCC uses requires Linux 4.1 and above.
eBPF was described by Ingo Molnár as:
One of the more interesting features in this cycle is the ability to attach eBPF programs (user-defined, sandboxed bytecode executed by the kernel) to kprobes. This allows user-defined instrumentation on a live kernel image that can never crash, hang or interfere with the kernel negatively.
BCC makes BPF programs easier to write, with kernel instrumentation in C (and includes a C wrapper around LLVM), and front-ends in Python and lua. It is suited for many tasks, including performance analysis and network traffic control.