GCam 8.7 is a modified version of Google Camera developed by third-party modders. It offers enhanced features and improvements over the previous versions, including an improved version of Magic Eraser with Camouflage for improved results, compatibility with all Pixel smartphones, the addition of the "Speech Enhancement" feature in Quick Settings for better audio clarity during calls and recordings, general improvements in camera stability and performance in specific scenarios, and enhancements in color accuracy and exposure levels while using the front camera under certain conditions.