Nashorn is a JavaScript engine integrated with Java, aimed at improving performance and compliance compared to the existing Rhino engine. Launched in 2014 with Java 8, it supports ECMAScript 5.1, dynamic linking, and enhanced interoperability with Java through JSR-223 and invokedynamic. Its performance is significantly better than Rhino, achieving speeds 2-10 times faster and around 60% of V8's performance.