The Trojan asteroids provide a unique perspective on the history of Solar System. As a large population of small bodies, they record important gravitational interactions and dynamical evolution of the Solar System. In the past decade, significant advances have been made in understanding physical properties, and there has been a revolution in thinking about the origin of Trojans. The ice and organics generally presumed to be a significant part of Trojan compositions have yet to be detected directly, though low density of the binary system Patroclus (and possibly low density of the binary/moonlet system Hektor) is consistent with an interior ice component. By contrast, fine-grained silicates that appear to be similar to cometary silicates in composition have been detected, and a color bimodality may indicate distinct compositional groups among the Trojans. Whereas Trojans had traditionally been thought to have formed near 5 AU, a new paradigm has developed in which the Trojans formed in the proto-Kuiper Belt, and they were scattered inward and captured in the Trojan swarms as a result of resonant interactions of the giant planets. Whereas the orbital and population distributions of current Trojans are consistent with this origin scenario, there are significant differences between current physical properties of Trojans and those of Kuiper Belt objects. These differences may be indicative of surface modification due to the inward migration of objects that became the Trojans, but understanding of appropriate modification mechanisms is poor and would benefit from additional laboratory studies. Many open questions remain, and the future promises significant strides in our understanding of Trojans. The time is ripe for a spacecraft mission to the Trojans, to turn these objects into geologic worlds that can be studied in detail to unravel their complex history.