Without being rigourous, the equation $F(x,y)=0$ defines a relation between $y$ and $x$. To promote this relation to a function, some restrictions in the $(x,y)$-plane has to be imposed. Assuming that such conditions exists, you can say that the equation $F(x,y)=0$ is defining $y$ implicitly as a function of $x$.
In some cases, we will be able to manipulate the equation $F(x,y)=0$ to find an explicit representation of the desired function, by solving the expression for $y$. In other cases, it won't be able to solve, but in both cases the derivate $y' = \dfrac{dy}{dx}$ should exists as a function.
A simple example:
$y^3 - x = 0$ defines $y$ implicitly as a function of $x$. But in this case, we can solve the expression for $y$, which leads to $y= \sqrt[3]{x}$, and then, $$\dfrac{dy}{dx} = \dfrac{1}{3\sqrt[3]{x^2}}$$ Implicit differentiation will help to compute the derivative without the solving-for-y process. This requires the chain rule, because in general: $$\dfrac{dL}{dx} = \dfrac{dL}{dy}\cdot \dfrac{dy}{dx}$$ Thus, using properties of derivatives,
$$y^3 - x = 0 \implies \dfrac{d(y^3)}{dx} - \dfrac{d(x)}{dx} = \dfrac{d(0)}{dx}$$ $$\dfrac{d(y^3)}{dy}\cdot \dfrac{dy}{dx} - 1 = 0$$ $$3y^2\cdot \dfrac{dy}{dx} - 1 = 0 \implies \dfrac{dy}{dx} = \dfrac{1}{3y^2}$$
It should be noted that $\dfrac{1}{3y^2}$ and $\dfrac{1}{3\sqrt[3]{x^2}}$ are indeed the same expression, provided the explicit representation $y=\sqrt[3]{x}$ of the function.
Another example
$e^{y}-y=x$ is an expression where there's no way to find an explicit representation. Nevertheless, you can assume that $y$ is a function of $x$ and use implicit differentiation to find the derivative of the function:
$$\dfrac{d(e^{y})}{dx} - \dfrac{d(y)}{dx} = \dfrac{d(x)}{x}$$ $$\dfrac{d(e^y)}{dy}\cdot \dfrac{dy}{dx} - \dfrac{dy}{dx} = 1 $$ $$\dfrac{dy}{dx} \left( e^y - 1\right) = 1 \implies \dfrac{dy}{dx} = \dfrac{1}{e^y-1}$$
As you can see, in the relation $e^{y}-y=x$ there are two ways (or "branches") to define $y$ as a function of $x$. The domain of the function is $[1,+\infty[$ and the range for the possitive branch is $[0,+\infty[$. This function is differentiable in $]1,+\infty[$, because for $x=1$ we have $y=0$ and therefore, the derivative is ill-defined. You can also deduce some other properties of the function. For example, since $y>0 \implies e^y>1$, the derivative is always possitive and therefore, the possitive branch is a stricly increasing function.
I hope this helps for the explanation.