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If you value privacy, ditch Chrome and switch to Firefox now
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This is a most excellent place for technology news and articles.
There is a Firefox fork called librewolf which addresses that.
If I were to install this on an Android phone that currently has Firefox and uBlock Origin, will this appear as a second browser app? Or does this overwrite FF? (Yes, I am tech illiterate. )
I don't think it's available on android. But if it is, then I would expect it to be it's own separate app that can coexist with the regular firefox. That's how it is on PC.
Technically, Chromium is not a version of Chrome. Chrome is a proprietary browser created by Google. Chromium is an open source browser created and maintained by Google.
Chromium alone is missing a lot of features (even more so if going the ungoogled route). Its not recommended to run standalone, although it will. Best bet of you want a Chromium-based browser is to find a forked version of it. Brave is one that comes to find, as its geared to be better for privacy.
Firefox is also a solid, secure browser. It is backed by Mozilla, which has been a champion of the open source community for years. It's going to have a different approach to the web since its not backed by an advertising company. The default settings could be better, but I wouldn't say they're insecure.