Yes.. Microsoft is ditching the old Edge browser found on Windows 10, with the new Edge, based on Chrome's tech. So what that means is, the new Edge will function much like Chrome, and can possibly use the tons of Extensions available for Chrome.
This will be interesting, being the default browser in the OS, if it is fast and snappy like Chrome, we might not ever need to download and install Chrome again ! woo hoo...
The new features that Edge will introduce will be interesting as well..
The Weekly build / or nightly build Edge can be downloaded and installed for the the brave and adventurous.
The beta is coming soon, and will be updated every 6 weeks before mass deployment...
I've installed the Weekly build, and will be testing it for a while.. will feedback when I gain more insights