Google announced that it is forking the WebKit rendering engine and moving on from WebKit in future versions
of Chrome.The forked new rendering engine is Blink.
From blink developer faq
“There are two main reasons why we’re making this change.
The main reason is that Chromium uses a different multi-process architecture than other WebKit-based browsers. So, over the years, supporting multiple architectures has led to increasing complexity for both the WebKit and Chromium communities, slowing down the collective pace of innovation.