Ranked in these QuestionsQuestion Ranking
Pro Completely open source
Unlike Google Chrome, Chromium is completely open source.
Pro Supports all of Google Chrome features
As Chrome is based on Chromium they overlap in supported features. Chromium syncs between devices, automatically updates, has great built-in developer tools, installs extensions without a restart, includes a combined text bar for entering URLs and searching and has excellent HTML5 compatibility just like Chrome.
Pro Access to Chrome's extensions
Chromium can access the Chrome Web Store and all the extensions hosted there can be installed and used on Chromium.
Pro Backed by Google
Chromium was first released as a large portion of Chrome's source code as an open source project by Google in september 2008. The idea was to encourage developers to review the underlying code and to contribute in making Chrome cross platform and port it to Mac and Linux as well.
Nowadays Chromium is a large project with a huge community that's standing behind it but still Google continues to take an extremely active role in Chromium development. This ensures the longevity and constant development and improvement of the browser.
Con High RAM usage
Just like Chrome, Chromium also eats a lot of RAM, which can be a problem for machines with smaller RAM.
Con Lacks support for certain common media formats
As Chromium avoids bundling any proprietary software, media that requires proprietary codecs or formats such as AAC, H.264, MP3 and Flash will not play by default on Chromium.