We discuss the model of magnetic field reconnection in the presence of turbulence introduced by us approximately ten years ago. The model does not require any plasma effects to be involved in order to make the reconnection fast. In fact, it shows tha
t the degree of magnetic field stochasticity controls the reconnection. The turbulence in the model is assumed to be subAlfvenic, with the magnetic field only slightly perturbed. This ensures that the reconnection happens in generic astrophysical environments and the model does not appeal to any unphysical concepts, similar to the turbulent magnetic diffusivity concept, which is employed in the kinematic magnetic dynamo. The interest to that model has recently increased due to successful numerical testings of the model predictions. In view of this, we discuss implications of the model, including the first-order Fermi acceleration of cosmic rays, that the model naturally entails, bursts of reconnection, that can be associated with Solar flares, as well as, removal of magnetic flux during star-formation.
