The Blog page is a usual blog, formed from the posts which belong to categories created by you, which have tags and featured images that show in the post listings on the blog page. The blog page can have the sidebar on the left, right or no sidebar, and the contents of the sidebar, as described above, are set under the Appearance > Widgets. Blogs can be posted by someone who has the access to the backend of the site with admin or author role. Anyway that person will be able to log into the WordPress panel and have a user profile.
Default blog layout is grid layout and once you set up an empty page in the theme setting where it is said blog, it will show posts in grid layout.
If you want to have List layout, you will need to create a page and set a template for it named Blog-list.