Does this knot have a name?

[Wook]

When bundling up paracord or other rope, I wrap the rope around my hand (or forearm - depends on how much rope there is) a few times, and then tightly wrap the remaining rope around this bundle until it snugly encloses the whole bundle. It is secured just by passing it through itself on the last turn. I find this to be an excellent way of stowing rope because there are no loose bits hanging out that can snag and it holds it all in one tight package. It is also very easy to undo.

Given that most knots have already been invented I doubt I can take credit for this. Does anyone know if this knot has a name already?

Here it is modelled on some bootlaces:

[tartanferret]

Similar to this video?

http://www.youtube.com/watch?v=viAa76RZBBM

[Wook]

Yes basically the same, although I bind the whole rope up for neatness whereas he just does a few turns.

[bushwacker bob]

Isn't it called a 'hank'?

[Ogri the trog]

Isn't it called a 'hank'?

It certainly is - a looped hank secured with a half hitch....

There are many variations -

My favourite is a figure of 8 hank secured with a slipped half hitch -
it means I can pull the cord from the middle of the bundle where it pays out without tangling yet remains as a viable hank until the last coil and then the binding unravels leaving only a slip knot to prevent it slipping through your fingers.

We each acquire our favourites depending on how we use the cord and what suits us as individuals.

ATB

Ogri the trog

[Wook]

Hank, eh?

Hmmmmmm.....

[bilmo-p5]

It's a fox.

[the interceptor boy]

Hankering or coiling a rope, you can do the same with bigger diameter ropes.
Cheers the interceptor boy.

[awarner]

I use that most of the time with long lengths otherwise short lengths a simple overhand hank does the job.
I always mess up with the figure of eight, get the twists wrong, probably down to being left handed lol.

[Lister]

I use that most of the time with long lengths otherwise short lengths a simple overhand hank does the job.
I always mess up with the figure of eight, get the twists wrong, probably down to being left handed lol.

Funny enough, i had the same issue then i just tied the thing left handed.....whoever was teaching me was a righty and there-in lay/lie my issue, can do it blindfolded now