User-760709272 posted
No, it's just a way of grouping settings, so any settings regarding "blog" will start with "blog:" Other common conventions are using a ".", so "blog.theme" etc. Such naming conventions also allow you to build your own config classes, like;
BlogSettings.Get("theme")
and all "Get" in "BlogSettings" does is add "blog:" to the start of the requested setting, so you could also have
ProductSettings.Get("theme")
and under the covers that will access the "product:theme" setting.