Can Quill handle this use case?

[JohnMunsch]

I'm reading through the documentation and I haven't read anything about the particular thing I want to accomplish so I'm asking for feedback on whether this is practical with Quill or even a good idea.

If you've ever seen Bear then you've seen a situation where most of the formatting is applied in real-time. For example, I might type **this is bold** and as I move my cursor away from that area it is automatically reformatted to this is bold, but then if my cursor gets close to it it goes back to its previous form. So it ends up being different from a lot of Markdown editors in that you don't have two side-by-side views (one unformatted and one with formatting applied) or a view where it looks like unformatted Markdown until you exit the text area and then it gets formatted applied. You are editing Markdown, but for most of the visible text above and below the area you are working at this moment it looks like formatted text with bold, underline, links, etc. without the Markdown characters visible.

In my case, this isn't for Markdown but rather for something called Fountain. It's a format for scripts and I can parse the user's script and then apply formatting but I don't want the user to really interact with the formatting at all, they would just "get" the formatting based upon what they type where and then if they change their text, all new formatting gets applied.