This may get moved to Maintenance, but here goes.
A wire edge is essentially a burr that is aligned. When you grind steel, whether you do it on a ceramic hone or a bench grinder, it will begin to bend away from the abrasive when it gets thin enough. This very thin strip of unsupported metal is a burr. It can be a good thing, since it lets you know you have ground one side down past the other, and it is time to switch sides. The problem with it is it will easily bend back the other way when you switch and start grinding away at the other side. If you use very light pressure, you can align this less-than-paper-thin strip of steel with the blade. It will feel very sharp, it will shave hair without effort, it will slice free-hanging cigarette paper without tearing, and it will fold over when used on anything tougher. This is a condition known as a wire edge. When you try to cut something harder than a hair, it bends over, or "rolls". Now you have a rolled edge. If the steel is not too brittle, it can be straightened back up by using a burnishing tool, which is a process called "steeling". If the burr has been bent back and forth a few times, it will break off, leaving behind a flat, ragged not-quite-edge, just like the end of a wire coat hanger when you bend it back and forth until it breaks.
Even a good edge can be rolled or chipped when it hits something hard enough. There is a never ending debate on which is better, steel that resists chipping by rolling (bending over) or steel that resists rolling until it exceeds its limits and chips. ZDP-189 falls into the latter catagory with a clean edge, but with a wire edge (or burr if you prefer to call it that) it can roll instead of chipping.