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Magnetic reconnection occurs ubiquitously in the universe and is often invoked to explain fast energy release and particle acceleration in high-energy astrophysics. The study of relativistic magnetic reconnection in the magnetically dominated regime has surged over the past two decades, revealing the physics of fast magnetic reconnection and nonthermal particle acceleration. Here we review these recent progresses, including the magnetohydrodynamic and collisionless reconnection dynamics as well as particle energization. The insights in astrophysical reconnection strongly connect to the development of magnetic reconnection in other areas, and further communication is greatly desired. We also provide a summary and discussion of key physics processes and frontier problems, toward a better understanding of the roles of magnetic reconnection in high-energy astrophysics. [ABSTRACT FROM AUTHOR]