Flash was fundamentally just a file format. You made the format using the program in the same way you make a Photoshop file in Photoshop. It was a noun and a verb because you make thing and both the part that makes and the part made are called the same.
Due to the nature of present browser APIs you cannot name your editor WebGL or something that produces WebGL. But if you made an editor called Sparkle or something that produced .sparkle files that had native browser support you would have the same nomenclature going on. But native browser integration and containerized file formats with external editors aren't a well made match.
Due to the nature of present browser APIs you cannot name your editor WebGL or something that produces WebGL. But if you made an editor called Sparkle or something that produced .sparkle files that had native browser support you would have the same nomenclature going on. But native browser integration and containerized file formats with external editors aren't a well made match.