Butterfly Loop

The butterfly loop, also known as lineman's loop, butterfly knot, alpine butterfly knot and lineman's rider, is a knot used to form a fixed loop in the middle of a rope. Tied in the bight, it can be made in a rope without access to either of the ends; this is a distinct advantage when working with long climbing ropes. The butterfly loop is an excellent mid-line rigging knot, it is symmetrical and handles multi-directional loading well. In a climbing context it is also useful for traverse lines, some anchors, shortening rope slings, and for isolating damaged sections of rope.

Read more about Butterfly Loop:  History, Use, Advantages, Disadvantages, Variations