I've heard of some No 4 (T) two-groovers.
It was a manufacturing expediency to only cut two grooves, as rifling machines cut one groove at a time, but the two-groove barrels had to be shown to pass accuracy standards or this timesaving idea would simply not have been given approval.
Once button rifling came in, where each groove is made simultaneously by drawing or pushing a button through the barrel there was no advantage in two groove rifling. If anything, for button rifling it would take extreme force to make 2 deep+wide grooves rather than 5 or 6 small grooves.
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