Long exact sequences are sequences of algebraic objects, often associated with homology or cohomology theories, that connect different K-groups in a way that reveals deep structural properties. These sequences are essential in algebraic K-theory as they help in understanding the relationships between various K-groups and facilitate the application of techniques like the Q-construction and the plus construction, as well as the Bott periodicity theorem.
congrats on reading the definition of long exact sequences. now let's actually learn it.