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Blogs vs Wiki

According to Wikipedia, "Blogs differs from Wikis by the content that is created without any defined owner or leader, and wikis have little implicit structure, allowing structure to emerge according to the needs of the users."  The way I understand the difference is looking at Wikis as a page that is constantly edited for accuracy on a subjective topic, while blogs are a thread of ideas of individuals giving their opinions across a platform such Reddit.  

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