No. Within a paragraph it would introduce a hard line break, e.g. like you'd use...

eevilspock on Dec 6, 2022 | parent | context | favorite | on: Djot: A light markup language by the creator of Pa...

No. Within a paragraph it would introduce a hard line break, e.g. like you'd use for poetry. You'd use two line breaks, i.e. a blank line, to start a new paragraph.

In other words, the plain text analog to WYSIWYG.