Implicit wait --
Implicit waits are basically your way of telling WebDriver the latency that you want to see if specified web element is not present that WebDriver looking for. So in this case, you are telling WebDriver that it should wait 10 seconds in cases of specified element not available on the UI (DOM).
Explicit wait--
Explicit waits are intelligent waits that are confined to a particular web element. Using explicit waits you are basically telling WebDriver at the max it is to wait for X units of time before it gives up.
