You lost me at "patent pending". This idea has been obvious and in progress for a while now with lots of prior work. The issue is more the standards. Please don't sell this to a patent troll who will harass the industry for 20 years.
I had the same thought: As soon as I saw, "patent pending" I stopped reading. Not worth my time to learn about something that's going to be locked away. Talk to me in 18 years.
Patents on software and algorithms (aka "math") shouldn't even exist.