Jupyter creates a checkpoint file every single time you create an .ipynb
file, and then it updates the checkpoint file every single time you manually save your progress for the initial .ipynb
.
A manual save is what's done when the file is saved by clicking the Save and Checkpoint button:

Auto-saving, on the other hand, updates only the initial .ipynb
file, not the checkpoint file.
When you revert from the initial .ipynb
file to a previously saved checkpoint by using the Revert to Checkpoint button, the checkpoint file is what gets accessed and opened inside Jupyter.

As a side note, the checkpoint file is located within a hidden folder named .ipynb_checkpoints
. This folder is located within the same folder as the initial .ipynb
file.