Euclid's algorithm is a method for finding the greatest common divisor (GCD) of two positive integers, m and n, expressed as a linear combination of those integers. The algorithm involves successive divisions to determine the GCD, with examples demonstrating how to find integers a and b such that am + bn = p, where p is the GCD. The discussion highlights that while explaining the algorithm in terms of the set of remainders in modulo n (denoted as \mathbb{Z}_{n}) may seem complex, the fundamental process remains straightforward. Specific examples illustrate the calculations involved, showing how to derive the GCD and the coefficients a and b. Understanding these steps clarifies the workings of Euclid's algorithm without needing to delve into modular arithmetic.