In reply to Removed UserTheClimberGent:
His looks like dyneema/spectra.
Knotting a sling reduces the strength by 50%. All slings are rated to at least 24kn, so a knotted sling is still 12kn strength (when new). A fall resulting in 7kn or more will probably cause serious injury or worse, so really the strength isn’t that much of an issue.
What is an issue is falling directly onto a dyneema sling (not really to be recommended on nylon either, but less bad). The shock load can be enough to snap the sling, especially if knotted, however this can be mitigated by the following;
If using a sling as a lanyard making sure you stay below the anchor it is clipped to, ideally with little-no slack.
If using as a belay you tie to it using the rope.
For setting up a top rope nylon has the advantage of being easier to untie, but dyneema is perfectly fine to use for this. However if weight etc isn’t an issue static rope is by far the best for setting up a top rope.