Or at least a well cinched halyard knot that's trimmed smooth. Older lines can be a beast to put splices in. You may wish to refresh the line, in which case definitely put in a eye.<snip>
You have a bowline tied in the line to hold it on the block. I would change that to an eye splice. The knot for the bowline could hang up and in a gybe confusion. I know it might be rare, but changing to the eye splice would alleviate the possibility. The eye splice gets attached to the block by removing the bolt that is holding the padeye to the block.