The show has dropped me into a world with only my basic understanding of Star Wars logic to guide me. Rather than get lost in the weeds of exposition, it's building the world up as it moves through it.
Your comment got me thinking about the original series of Lone Wolf and Cub movies (which is a major source of inspiration.) It sets up a very basic revenge plot at the start, but that's really just a hook to get the samurai and the baby in his well-armed cart on their journey. Like The Fugitive's one-armed man, you know their paths won't cross again until the finale when it's inevitable that the revenge must be fulfilled. The Mandalorian manages to successfully ditch this hook, making the ultimate destination uncertain, and I'd call that an improvement.
The only hints so far are a vague flashback whenever armor is being created. I'm hoping this will be handled like the flashbacks in Once Upon a Time in America which ultimately explain their place right at the climactic moment.