Within a WordPress install the Plugins are usually located within -domain-name-/wp-content/plugins This functionality provide an easy way to virtually change the path to something else.
http://-domain-name-/wp-content/plugins/jetpack/
New Plugins Path
Use any alphanumeric symbols for this field which will be used as the new slug for the plugins folder. Presuming an apps slug is being used, all plugins urls become to something like this:
http://-domain-name-/apps/jetpack/
Block plugins URL
Old url’s structure are still being available. To blow those and allow only the new links, this options need to be set as Yes.
New Paths for individual plugins
Any active plugins on the site can be mapped to use a different slug. For example WooCommerce use something like this:
http://-domain-name-/wp-content/plugins/woocommerce/
or in case New Plugins Path is active
http://-domain-name-/apps/woocommerce/
Filling in such individual plugin path will modify the urls to new slug. For example, using woo-app the updated link become
http://-domain-name-/woo-app/
Any files within the plugin will use the above url
http://-domain-name-/woo-app/assets/css/woocommerce-layout.css
http://-domain-name-/woo-app/assets/js/frontend/add-to-cart.min.js