Block components use the key "settings" to mean "data needed to initialise the default block plugin". Further, this is stored inside another "settings" key in the component entity itself.
SDC components use the key "props" to mean "field configuration for each prop".
Both these are too simplistic and have caused confusion,
For block components rename "settings" to "default_settings", this is the configuration required to render the default version of a block component. In the future it might be necessary to allow site owners to configure the default version of the block component so the preview renders in a sensible way.
For SDCs, rename "props" to "prop_field_definitions" - while the keys are props, they are not props themselves; the values are the configuration required to build field instances that can be used to configure the props.
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