The inline monospace style doesn't treat content as verbatim text.

[blinks@…]

From WikiFormatting:

Note that the {{{...}}} and `...` commands not only select a monospace font,
but also treat their content as verbatim text, meaning that no further wiki
processing is done on this text.

However:

 app/models::
   Holds models that should be named like `post.rb`.
   Most models will descend from `ActiveRecord::Base`.

displays as:

app/models

Holds models that should be named like post.rb. Most models will descend from ActiveRecord::Base.

(it appears to treat ActiveRecord::Base as a new definition list as well as a wiki link)

[cmlenz]

This is basically a duplicate of #2082.