Ropes break at knots.
But actually ropes hardly ever break in normal caving use (excepting rub points and rock fall, of course).
Krabs do unclip, however, and certainly a few accidents have occurred where a caver wasn't attached to the rope when they thought they were. In some cases we can't ask the caver what went wrong, for obvious reasons...
I'd suggest that any arrangement which allows easy clipping, and keeps the krab in the alignment that the caver expects, is more important to safety than the precise type of knot used (within reason! e.g. barrel knot, overhand, fig. 8...engage brains, caving is dangerous etc etc etc). A krab that can twist in the cowstail loop, potentially allowing gate loading, or being opened against the rock in the event of a slip on a traverse line, seems to constitute a greater hazard than the strength lost through any particular knot choice.
Surprised that many cavers still seem to be unaware of the importance of clipping karabiners away from the rock when on traverses. Enough rant, anyway.