In comparison, a Versatackle is a combination of basically 3 knots (two loops and wraps inside loops). It's basically 4 knots if you end with Two Half Hitches. On top of that, you don't have the benefit of multiple wraps around the object.
Depends on how you implement the general scheme.
E.g., in putting on a binding on a bike pedal stirrup/cage,
I simply coiled some fishline --which point was in fact
to BE an abrasion-resistant "multiple wraps" clump--
and then simply (IIRC : I did this sort of on the fly)
took an end from one side up & back through the
ends of the now pressed-against-pedal/stirrup coil
(so, now this coil is pretty oval, not round) to make
the tightening-&-locking part of the general scheme.
This worked (!).
So, one is pressing some 3/4-of-circumference "multiple
wraps" worth of material against the bound objects,
and then connecting the bight ends of this coil with
the
versatackle-like back'n'forth wrapping.
(One could tie off the working end with a
clove hitchto the coil and then do the locking reeving & pulling;
similarly, the other end can be simplied tied off.)
Now, this was definitely a quick-&-dirty sort of solution,
where the fishline is cheaply abundant and obviously
adequate for the job, slippery enough to help with the
tension equalizing?! Eh, it held, and looked good. YMMV.
I've no good idea about how well tension is distributed
across the "coil" of material. Surely it's not as good as
when one puts on each wrap individually.
--dl*
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