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RE: ❓Answering Common Questions: What's the Difference between Steemit and the Steem Blockchain? ♨️
This post by @steemitguide covers it pretty well.
But the official post from @steemitblog is here. This didn't get into much itself, instead just referring to an earlier announcement. I'll see if I can dig that up after dinner, but have to run out the door for now. :)