Atom Smasher, I appreciate your efforts and will spend some time evaluating your theory. But I see a few problems with your theory. For one how do you explain the link between gravitation effects and the electromagnetic effects? For example, when objects travel near a gravitational mass, their acceleration is doubled as they reach the speed of light.
Sir Arthur eddington's observation of the bending of light around the sun during a solar eclipse was considered the first proof to einstein's theory of gravitation. However, the important fact of that experiment was that light appeared to bend twice as much as gravity would of bent a stationary object relative to the surface of the sun. That's why it is said that gravity is a bending of space itself, gravity has an additional component for relative velocities. Your theory provides a conceptual picture for an acceleration, but that picture doesn't appear to add up when you consider moving sources.
The other problem I have with your theory is that it doesn't appear to have a purpose. It's not simpler, and it doesn't predict anything new. So why this model of gravity?
Please provide a reference for the point made in your first paragraph. I am not aware of an observation supporting this claim, nor can I see how it connects gravity to electromagnetism based on what you offered.
The claims made by Eddington from his photographs of the eclipse in 1919 are commonly referenced as proof of the bending of light predicted by general relativity. However, there have always been questions surrounding the validity of those claims. The quality of the images on the photographic plates and the quality of the evaluation of the images continue to be questioned even today. Not saying that it is wrong, but many people then and now were not convinced of the result reported.
Finally, the purpose of the theory is to explain the source of gravity. Not how gravity behaves, but what causes gravity to happen. Newton conceded that he did not know what caused gravity and Einstein's warped space still does not explain why the space warps, only that it does around massive bodies. As far as I know (and I admit I don't know everything there is to know), the mechanism that causes gravity is still unknown. We've spent a lot of time and money trying to devise experiments to validate what we desire gravity to be in order to support our theories, but I haven't heard that it has been pinned down yet. If you know something different, please share it with me.
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