QUIC (Quick UDP Internet Connections) is a new encrypted-by-default Internet transport protocol, that provides a number of improvements designed to accelerate HTTP traffic as well as make it more secure, with the intended goal of eventually replacing TCP and TLS on the web.
There are in fact two protocols that share the same name: “Google QUIC” (“gQUIC” for short), is the original protocol that was designed by Google engineers several years ago, which, after years of experimentation, has now been adopted by the IETF (Internet Engineering Task Force) for standardization.
“IETF QUIC” (just “QUIC” from now on) has already diverged from gQUIC quite significantly such that it can be considered a separate protocol. From the wire format of the packets, to the handshake and the mapping of HTTP, QUIC has improved the original gQUIC design thanks to open collaboration from many organizations and individuals, with the shared goal of making the Internet faster and more secure.