Except for internal links are indicated by small caps.
I find both of these conventions very irritating. If you want to be edgy with your link styling, I find Wired's use of a thick, light underline (e.g. http://www.wired.com/2015/02/microsoft-third-party-cloud-ser...) to be both pleasant and not confusing.
I find both of these conventions very irritating. If you want to be edgy with your link styling, I find Wired's use of a thick, light underline (e.g. http://www.wired.com/2015/02/microsoft-third-party-cloud-ser...) to be both pleasant and not confusing.