Abstract Since the successful launch of NASA's dedicated gamma-ray burst (GRB) mission, Swift, the study of cosmological GRBs has entered a new era. Here I review the rapid observational and theoretical progress in this dynamical research field during the first two-year of the Swift mission, focusing on how observational breakthroughs have revolutionized our understanding of the physical origins of GRBs. Besides summarizing how Swift helps to solve some pre-Swift mysteries, I also list some outstanding problems raised by the Swift observations. An outlook of GRB science in the future, especially in the GLAST era, is briefly discussed.
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