Promising algorithm needs evaluation



Greetings, Forum.

This is my first post here, I was advised by mr. Bruce Schneier to
publish my recent work here, so I would probably get some feedback.

In the past year I spent about half of my time in designing a
symmetric encryption method, that would be supperior to all and any
others. I recently got to a stage, where I can call my work completed,
if I failed or succeded- you will say, hopefully :)
The algorithm I developed is a modified version of the one time pad,
that works on binary level.
It can use different size of keys, from 128-bit up to 200,000-bit and
above (I have encrypted a file with 100,000-bit key, theoretically the
limit is the size of Int64).
What it does, typical to the one time pad, is that it reads the
message (or file) bit by bit and also reads the key, bit by bit, and
if the Key bit is "1", the message bit is changed, from 1 to 0 or from
0 to 1, depending on the original value.
Now, the modification is that before reading the Key bit, I "AND" it
with a hash value of the binary representation of the sequential index
of the current bit in the message. This practically neutralizes the
patterns typical to the Vigenere, in case the key is shorter than the
message, because the actual progress of the encryption randomizes the
result from the encryption, and all in reversable way, if provided
with the key.
Or at least I believe so.

Could anyone confirm, please?

Thank you
.



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