One To Deploy Podcast

Crypto, But Make It Make Sense: From DEXs to DOGE

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Crypto Terms Demystified

Crypto has its own language — and if you don’t speak it, you feel lost. This episode translates the most common terms into everyday English, using plain analogies that make sense. By the end, you’ll not only understand crypto talk — you’ll be able to explain it yourself.

What You’ll Learn
  • CEX vs DEX: Banks vs farmer’s markets — trust the business vs trust the code.
  • Keys & Wallets: Public address, private key, seed phrase; hot vs cold; custodial vs non-custodial.
  • Layer 1 vs Layer 2: Highways and toll bypasses; why rollups make crypto faster and cheaper.
  • Gas Fees: Postage costs, queues, and how to save on them.
  • Smart Contracts: Vending machines that always do what they’re told.
  • Liquidity Pools & AMMs: The communal BBQ esky where traders swap and providers earn fees.
  • Impermanent Loss: When holding would’ve beaten pooling.
  • Slippage & Price Impact: The big order in a tiny shop.
  • Approvals & Allowances: Lending your key with limits — and revoking it later.
  • Bridges & Wrapped Tokens: Cloakrooms and coat-tickets between blockchains.
  • Altcoins: Everything that isn’t Bitcoin — DOGE vs Ethereum explained.
  • Mining & Staking: Digging vs parking your coins to help secure the network.
  • Blocks, Hashes & Finality: Pages, fingerprints, and stamped-for-good transactions.
  • Oracles: Thermometers feeding real-world data on-chain.
  • Stablecoins: Digital cash chips that aim to hold a dollar.
  • Tokenomics: Who owns what, how supply changes, and why it matters.
  • DAOs & Governance: Clubs with voting shares and public treasuries.
  • Airdrops: Free samples for early users.
  • TVL & Volume: How deep the pool is and how fast it moves.
  • Rug Pulls & Whales: When chefs run with the till and when giants shake the pool.
  • MEV & Sandwich Attacks: Line-jumping bots and how to avoid them.
  • Halving, Burning & Minting: Cutting rewards, shredding tokens, printing new ones.
  • NFTs Beyond Art: Tickets, memberships, and game items with real ownership.
  • Security Hygiene: Hardware wallets, safe seed storage, URL checks, and allowance revokes.
    • Quick Analogies
    • Public Address: Your email address — safe to share.
    • Private Key: Your password — never share.
    • Seed Phrase: The master key to your whole house.
    • L1/L2: Highway vs express lane that files back to the main road.
    • Gas: Postage fee; heavier parcels cost more.
    • Liquidity Pool: Shared esky; swap drinks, earn tips.
    • Bridge: Coat-check system between venues.
    • Oracle: Trusted thermometer reading the outside world.
      • Takeaway

      Crypto isn’t magic — it’s new infrastructure. Learn the vocabulary once and the chaos starts to make sense. After this episode you’ll understand the difference between a DEX and a wallet, why gas matters, and how to keep your coins safe.

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      One To Deploy PodcastBy Daniel Martin