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Minecraft: Xbox One Edition will be released on Xbox Live Marketplace in August. It brings significantly bigger worlds and a greater draw distance than Xbox 360 Edition.

It will include all the features from the most recent Xbox 360 title update.
 
Minecraft: Xbox One Edition will cost $19.99.

If you’ve bought Minecraft: Xbox 360 Edition from Xbox Live Marketplace, or played online with the disc version, you will be able to upgrade to Xbox One Edition for $4.99.

You will be able to upgrade for a minimum of a year after the release date.

Players with Minecraft: Xbox 360 Edition saves will be able to import their worlds to Xbox One. Unfortunately, you won’t be able to transfer saves from Xbox One to Xbox 360. We can make worlds bigger without too much stress, but shrinking them causes all kinds of problems.

Cross platform play will not be possible between Xbox 360 and Xbox One.

Many, but not all, of the DLC skins and texture packs you’ve purchased for Xbox 360 Edition will be available for use in Xbox One Edition. We’d like to say all your DLC would transfer, but some of the items are trapped in licensing deals that are too boring to get into here. We’ll have more on this soon.

Quote (cSwish @ May 23 2014 06:48pm)

i was leary about paying 20 bucks again but now that it'll only be 5 for upgrade makes it an easy purchase

Quote (ROM @ May 23 2014 10:38pm)

I am not a fan of Minecraft so I don't just don't see the reason to upgrade.
The game isn't graphically technical so why make the jump to next gen?
Maybe someone who know's what they are talking about can explain it to me.

Quote (ROM @ May 23 2014 11:38pm)

I am not a fan of Minecraft so I don't just don't see the reason to upgrade.
The game isn't graphically technical so why make the jump to next gen?
Maybe someone who know's what they are talking about can explain it to me.

Quote (timmayX @ May 24 2014 12:50am)

They are able to provide larger worlds.

The ones on PC are basically infinite because PCs have so much free storage. With the console having limited storage, the base smaller works for the last gen which will be greatly expanded.

Quote (ROM @ May 24 2014 12:57am)

Like the actual physical world? So last gen will have invisible walls where current gen won't?
Truly I don't understand, not trolling.

Quote (timmayX @ May 23 2014 11:50pm)

They are able to provide larger worlds.

The ones on PC are basically infinite because PCs have so much free storage. With the console having limited storage, the base smaller works for the last gen which will be greatly expanded.

Quote (timmayX @ May 24 2014 12:01am)

Yes. I don't know how it was represented because I don't play (maybe they show it as a water's edge, not sure). The game on last gen was severely limited in world size for people coming from pc.

Next Gen will expand the world size for certain, not sure on any other features, but I know Minecraft on pc has recently had a feature update, so maybe some of that would be included.