Some info from the official forum, reposted without permission below:
Here's some info on what i've gleaned from the short stream:
sand physics
-it falls in piles
-water drags sand along
hunger bar (which is optional)
cooking
-"bacon" and "steak"
ocean block <- infinite water source, not spawnable
flashlight works under water
Active Link said: ↑
You can watch it here.(no link)
about 12 hours later there was another stream, showing these things:
dirt crumbles too, but less so than sand
lava and water make some stonelike block (obsidian most likely)
at least 2 tints of water on 1 planet
weather
-torches and flashlight light up trees and rain.
-swaying of trees affected by the wind.
chopping down trees actually makes them fall sideways.
a little demo of farming.
-fullgrown plant dropped a crop and a seed
inspecting on objects using the magnifying glass gives a short description of the item.
-inspected ciderbottle, chair, glass, flowers, table, candles
crates can be stacked and used to stand on
-removing one of the supporting crates causes the built stack to pop.
chest as storage box
a small lit area around the mouse when the buildtool is equipped.
a small demo of some basic (tier 1 of 10) racial armor
-aquatic looks as asian as we al hoped
-avian wings look fun
-robot armor does indeed look medieval, as we expected from the web character creation.
-space marine armor, you can now die for the emperor!
-superman outfit :3
a lot of racial weapons were also shown, including warhammers, claymores, katanas, axes, etc
racial armors are not procedurally generated. so that's 10 tiers per race (3 items per set, so 180 armor pieces) in addition to randomly generated stuff
cool little bloodanimation when something dies, but this won't be in the final version (collapsing animation/ragdoll <- unless exploded)
some critters around the 30 menu mark. demo of non-aggressive mobs (that eat your crops)
-note, only one AI (the charging one) is enabled at that moment
rockets will knock down trees like chainsaws do.
another stream on january 8th that can be viewed here(no link)
added info to the list, info contributed by:
Pentarctagon said: ↑
Steak is confirmed.
blind sniper said: ↑
Another thing I noticed: Crates are actually used as item storage. (I've never seen it before, did someone?:unsure:)