Let $K_p$ be the completion of an algebraic number field at a prime ideal $p$, with valuation $v_p$. Define $$\text{exp}(x) = \sum_{i=0}^\infty \frac{x^i}{i!} $$ for $x \in K_p$.
How does one make sense of this definition? If $x \in K_p = \lim K/p^n$ is some coherent sequence, what does it mean exactly to take the infinite sum? Of course, the inverse limit is a ring so I guess the powering is well-defined and $i!$ is the image of under the map $\mathbf{Z}$?
For $x \in K_p$ satisfying $v_p (x) > \frac{v_p (p)}{p-1} $, we have $\text{exp}(x) = 1+ c$ with $v_p(c) = v_p(x)$
Once again, how do we make sense of the equality? I guess this is an equality in an inverse limit $K_p$. My intuition for explicit computations in such does not seem to be serving me well here though.
The idea of the proof involves showing that all of the terms of the series after $1 + x$ lie in a higher power of $p$ than does $x$. Why does this show equality?
Assume that $K=\mathbb{Q}$ for simplicity, so that $K_p$ is the $p$-adic numbers $\mathbb{Q}_p$. The $p$-adic absolute value is related to the valuation by $$ |x|_p=p^{-v_p(x)}$$ and is non-Archimedean, i.e. $|x+y|_p\leq \max\{|x|_p,|y|_p\}$ for all $x,y\in\mathbb{Q}_p$. This, together with the Cauchy criterion for series, implies that $\sum_{n=1}^{\infty}a_n$ converges if and only if $\lim_{n\to\infty}a_n=0$.
Now consider $\exp(x)$. Using de Polignac's formula, one can show that $$ v_p(n!)=\frac{n-S(n)}{p-1}$$ where $S(n)$ is the sum of the digits in the base $p$ expansion of $n$.
Hence if $v_p(x)>\frac{1}{p-1}$ then $$ v_p\Big(\frac{x^n}{n!}\Big)=nv_p(x)-v_p(n!)\geq n\Big(v_p(x)-\frac{1}{p-1}\Big)$$ so $\lim_{n\to\infty}\frac{x^n}{n!}=0$ and $\exp(x)$ converges.
For the last part, recall that if $v_p(x)\neq v_p(y)$ then in fact $v_p(x+y)=\min\{v_p(x),v_p(y)\}$. Therefore if $v_p(x)<\frac{1}{p-1}$ then $$ \exp(x)=1+\sum_{n=1}^{\infty}\frac{x^n}{n!}=1+c$$ and $v_p(c)=v_p(x)$ because if $n\geq 2$ then $S(n)\geq 1$, hence $$v_p\Big(\frac{x^n}{n!}\Big)=nv_p(x)-\frac{n-S(n)}{p-1}\geq v_p(x)+(n-1)\Big(v_p(x)-\frac{1}{p-1}\Big)>v_p(x) $$