Markdown
We use markdown files as a simple way to write documentation, and there is always a readme.md in the root directory of any project. Each major section of the project might have additional notes.
I use headings, bold, italics, hyperlinks etc. You can do more complex things with markdown, but its supposed to be simple.
This is a rendered readme.md from one of my current projects, feel free to criticize!
It is incomplete and doesn't meet typical practices.

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