<< Contains a condition rule for whether to display the field or not.
>> Contains one rule or a ruleset of multiple rules for whether to display the field or not. One rule can be set as a string, multiple rules may be set as an array (see below).
change Description (addition at the end):
For passing multiple displayCond rules as a ruleset, they have to be grouped into an array with the keys AND and/or OR. Those keys are pointing to arrays, which contain elements being either strings (a single displayCond rule as described above) or arrays (again with keys being AND and/or OR and then containing another ruleset).
Example:
The following ruleset is true, if (my_field1 && my_field2!=3 && (my_field3 || my_field4 || my_field5 && my_field6) || my_field7 || my_field8) :