Some people recommend calling this knot the knife lanyard knot in order to avoid confusion.

The knife lanyard knot and Chinese button knot are "tied alike, but they are worked differently.

"[2] This knot is also used in Prayer ropes by Eastern Christians, who accredit the knot's creation to a legend relating to Saint Anthony the Great.

When the steps below are completed the knot is rearranged and tightened so that the ends emerge from the knot parallel and opposite their own standing part.

A Chinese button knot is often tied in a very similar manner, but without leaving a loop at the end.