Does anybody know whether the Google Chrome / Chromium team and the Mozilla team are squarely behind this standardization effort? What about the Apple Safari team? There's only one rep from Google in the community group. There don't seem to be any from Apple. [1990s paranoia mode] this could be another Microsoft effort to embrace and suffocate [/1990s paranoia mode]
I've been working on web extensions for multiple browsers lately. Chrome and Firefox have workable ecosystems and accept more or less the same code, but package it differently. Edge accepts almost the same code, but they had to change the "chrome" namespace to "browser". I suppose it was a question of pride. Also, Edge doesn't have a workable way to publish and to inline-install web extensions. Safari accepts similar…
It's weird, because Firefox internally has had the "chrome" namespace long before Google Chrome existed.
In browser terminology the browser "chrome" is the stuff that's outside the browser engine -- the stuff that doesn't handle loading/laying out/rendering/javascripting a page. I.e. the tab strip, URL bar, bookmarks, context menus, settings, etc.
IIRC (very unsure of this, but have heard it from different non-google sources) the name "Google Chrome" is actually a joke on this because it had the least chrome amongst browsers of the time (remember the toolbar and status bar?)