What is Blink?
For a long time Google is working with Blink , Blink is nothing but a Web engine , fork of current web engine Web Kit. Webkit is a free and open source web engine. It is already used in Safari and Google chrome. Opera also announced that they are also moving to Webkit. According to Google, Blink is simple and fast web engine. Which will load websites much faster than old versions.
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Google chrome with Blink will take at least 10 weeks to get a release. But it already available on Google chrome canary version. Canary may stand for alpha version like Mozilla nightly.
After installation you can see two Google chrome icons, one with default and another with yellow color. Canary version never interrupts your default chrome. It works separately.