Blitting is a technique in matplotlib to speed up plot updates. First, we create a figure and axes, then draw static parts and save this background. When we want to update dynamic parts like a moving point, we restore the saved background to erase old drawings. Then we draw the updated elements and use blitting to refresh only the changed area on screen. This avoids redrawing the entire figure, making animations smooth and fast. The execution table shows each step from creating the plot, saving background, updating data, restoring background, drawing updated elements, and blitting to screen. Variable tracking shows how the line data changes from (0,0) to (1,1) while the background remains saved. Key moments clarify why saving and restoring background is important and how blitting improves performance. The visual quiz tests understanding of these steps and their effects.