Basicly yes @artgirl, this is what blocktrades mentioned a few days ago. The idea if Hive is going live this week. There will be two blockchains then which are exactly the same at this point but will develop in different direction.

The Hive will be the new one, decentralized, where everything is managed in the old spirit of Steem. People can develop there freely, implement new apps and can be free to choose in which direction it evolves. Actually most of the developers will be there from the day it starts or already work together with the hive hand in hand. Blocktrades will be the exchange supporting the new hive-coin too. Their will be no censorship and no one will own your account, you are responsible for yourself and the community is responsible for the community and its development.

The Steem will be what is left behind. It will be owned by Justin Steem and be centralized. This guy is actually not interested in the community, but the money and wants to implement the blockchain into Tron. So basically it goes to China. I do not know what will happen with that chain as most trustworthy and engaged developers will be not there but in Hive, but this guy can do with it whatever he wants as he is the King of it.

You will have access on both chains and are free to decide what you do on both chains. They will be Sister-chains. One centralized, Steem, owned and ruled by Justin and one dezentralised, Hive, Owned by no one but the community and its members. Post will be seperate, account transactions will be different, and the coin will be different too. But it starts on Friday at exactly the same level.

I hope this answers your questions ^^ .. Feel free to ask anything that's on your mind !