That's the technology they were moving away from in the early 70's when I worked there. They didn't measure resistance, but it used a power source and relay contacts. If anything opened the relay dropped out. If anything shorted the relay dropped out. Failsafe... until it isn't. lol I don't think safety was an issue with that hundred year old technology, but it required cutting the rail where you wanted to put in a block and some locations were getting so populated the block for one crossing needed to overlap the next block. They used a simple "RF" signal (more likely audio but I don't recall) on the rail which the train would short out. The advantage was different blocks could be on different frequencies and the ranges could overlap. Mostly they didn't like getting out the track crew to mangle the rails to put in a new block.
I don't know what the DC metro uses for train detectors.