There are no snapshots (or you could say that everything is a snapshot); you can get a value of the database from any moment in time, stretching all the way back to the creation of the database. All transactions are performed against a stable view of the database (its value at a moment in time) and either succeed or fail entirely (they are atomic). Once a transaction is validated and sent to storage the new data can be communicated to all clients and cached indefinitely; it will never change.
Datomic has no notion of mutation/destruction. Data is stored in the form of facts which are asserted or retracted. Retracted data can still be retrieved from an earlier moment in time, so it isn't really gone. In many ways, it has a lot in common with DVCSs such as git (though it has only a single authority with commit access: the transactor).
