The note is encrypted in your browser with AES-256-GCM before it leaves this page. The decryption key lives in the link fragment (after #) and is never sent to the server. The note is destroyed on first read, or when it expires.
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Your one-time link
Anyone with this link can read the note once. The key after # never reaches the server, so this link is the only copy — if it is lost, the note is unrecoverable.