Ii seems that using marlinspike hitches makes a safer sheepshank -- I wonder why it is not more popular?
Hmmm, many people wonder why a sheepshank is included in knots books at all!
But we had a discussion on that--painful one, in fact. Someone used it, yes, but there
were obvious better choices in that case. How do you find it useful?
As for "safest", I'd suggest that going ahead and capsizing those marlinespike
hitches (into a sort of sheet bend structure) would be as safe if not more so
--and I've wondered why this has not ever been shown (so far as I've seen).
And once you realize this structure, ideas for other pseudo loopknot structures
should come to mind--e.g., the "Bollard Loop" would be a simple one.