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Very cool!
I agree.
What is the advantage to a blade shaped like this?
it's kinda cool. It doesn't look fully developed yet to me, though. It doesn't look like it's all the way there.
I've always really like the 'tanto' concept which utilizes a flat grind at the tip and a hollow grind for the main cutting edge. This one looks like double hollow ground (?).
When you make another one similar to this, I will be interested to see how it evolves.