This paper reviews the emergence of MOOC (Massive Online Open Courses), its development, thestatus quo and its trends to the future. In the past two years, MOOC has witnessed a great expansion in world education and the numbers of institutions which provide MOOCs have dramatically increased. This phenomenon has researchers commenting that MOOC is bringing a revolution to e-learning and education, and most traditional physical universities may disappear in future. However, after depicting MOOC features, common MOOC designs, the strong points of MOOC and MOOC’s disadvantages in, this paper concludes a different view. That is although MOOC may have brought signifi cant drivers of education innovation, it is still too early to assert that MOOC will replace e-learning and become the future of world education. That MOOC is just one of a number of e-learnings, proper for a certain group leaners at a certain time for a certain purpose.