First, what you seem to have there is only one block, because you have not indicated any insulated rail joints (or gaps) that make one section of the railroad electrically isolated from other part(s). That is OK for a small layout. If you want to make the inner loop and outer loop separate "blocks", you would do that with a separate bus to feed each loop and put "gaps" in the two crossovers to electrically separate the rails in the inner loop from the rails in the outer loop.
Typically, for DCC layouts, people do that only so that they can put separate circuit breakers on each block, so that a short in one block only stops the train(s) in that block, while the trains in other blocks continue to run. But, with a low-power command station, the circuit breaker for the command station is usually set lower than the lowest separate DCC circuit breaker on the market, so that would be kind of a waste for your consideration, right now.
As for the ends of the bus(es), it really doesn't matter on a small layout. For large layouts, the longer wiring on the buses can start to distort the DCC signals and mess-up train control (all over the layout, not just at the ends of the buses). So, there are "snubbers" that are really just a capacitor and a resistor (of the proper values) connected in series across the wires for the two tracks, which basically absorb the DCC commands so that they don't reflect back along the wires from the ends.
But, what you have drawn will work fine as one block that can control multiple trains running on any loop(s), using one command station. If you want to have 2 or more people independently controlling 2 or more trains at the same time, you need to use a command station that can connect with multiple throttles, but you don't need multiple blocks (like you would need if it was a DC layout instead of a DCC layout).
Typically, for DCC layouts, people do that only so that they can put separate circuit breakers on each block, so that a short in one block only stops the train(s) in that block, while the trains in other blocks continue to run. But, with a low-power command station, the circuit breaker for the command station is usually set lower than the lowest separate DCC circuit breaker on the market, so that would be kind of a waste for your consideration, right now.
As for the ends of the bus(es), it really doesn't matter on a small layout. For large layouts, the longer wiring on the buses can start to distort the DCC signals and mess-up train control (all over the layout, not just at the ends of the buses). So, there are "snubbers" that are really just a capacitor and a resistor (of the proper values) connected in series across the wires for the two tracks, which basically absorb the DCC commands so that they don't reflect back along the wires from the ends.
But, what you have drawn will work fine as one block that can control multiple trains running on any loop(s), using one command station. If you want to have 2 or more people independently controlling 2 or more trains at the same time, you need to use a command station that can connect with multiple throttles, but you don't need multiple blocks (like you would need if it was a DC layout instead of a DCC layout).