$\mathcal{O}=\{x\in \mathbb{Q}_p:v(x)\geq0\}$ is a valuation ring.
$\mathfrak{m}=\{x\in \mathbb{Q}_p: v(x)>0\}$ is the maximal ideal of $\mathcal{O}$.
Why is $K=\mathcal{O}/\mathfrak{m}$ isomorphic to $\mathbb{F}_p$, the finite field with p elements?
We have the following exact sequence $$ 0\rightarrow \mathbb{Z}_p\rightarrow \mathbb{Z}_p\rightarrow \mathbb{Z}/p^n\mathbb{Z}\rightarrow 0, $$ where the first map is multiplication by $p^n$ and the second sends $x=(x_i)\in \mathbb{Z}_p=\lim_{\leftarrow}\mathbb{Z}/p^n\mathbb{Z}$ to its $n$th term. Thus $ \mathbb{Z}_p/p^n \mathbb{Z}_p\cong \mathbb{Z}/p^n\mathbb{Z}$, so take $n=1$.