If there's one thing for certain, Minecraft developer Notch isn't one to shy away from implementing crazy ideas. He's confirmed the eventual inclusion of a gameplay mode dubbed 'Hardcore,' which essentially mimics real life.
There are no second chances in Hardcore, upon death the world restarts and all previous progress is lost.
I'm definitely going to add hardcore mode to the game where dying will destroy the world[...]
Continue reading: Notch Confirms Hardcore Mode for Minecraft...