Like its Xbox One counterpart, the PlayStation 4 version of Minecraft is based largely on the PlayStation 3 and Xbox 360 ports of the game, which are themselves stripped down versions of the PC original. Owing to improved hardware however, the PlayStation 4's Minecraft feature worlds "36 times bigger" than its PlayStation 3 counterpart. As with the digital version of Minecraft, players with existing saved games on either the Xbox 360 or PlayStation 3 will be able to transfer their progress to the PlayStation 4 game and quickly resume where they left off.
Lacking from this announcement is any word on the long-awaited Vita version of Minecraft, but Sony claims that more information on that game will appear "in a few weeks," including word on how cross-buy functionality will work for those who already own Minecraft on another Sony gaming machine.
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Source: http://www.joystiq.com/2014/09/18/minecrafts-ps4-incarnation-reaches-retail-stores-in-october/
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