Since this was posted under 'New knot investigations' - I assume that Andreas is claiming this as an original creation by him?
Otherwise, it would have been posted elsewhere?
There are no accompanying words - and so no insight is tendered from the creator.
Since it is not clear who the originator / creator is, it could have been developed by a third party and then posted here to solicit discussion on the creators behalf? It isn't clear...
The first (top) photo does not make it clear as to which is the SPart and which is the tail...one could guess... and presumably the intent of the photo is to leave it open to interpretation?
If the purpose was to remove the choice of which is the intended SPart - I assume the tail would have been clearly indicated.
I ask this because it is possible to experiment and choose the rope segment existing from the bottom of the photo as being the SPart - which would make use of a 'capstan effect'.
Whereas choosing the the rope segment exiting from the top of the photo would employ an entirely different mechanism.
Does the creator intend this hitch to be used only on timber host material with a round profile?
Or can the host material be in the form of a square profile?
What is the intended practical application? Camping outdoors, yachting, ?
Is the hitch intended as a binder - to progressively cinch and crush the host with increasing force?
Or is the hitch intended to grip the host - so it can be hoisted or moved?
Is the hitch intended to be releasable (easily untied) after application of load?