Black Holes as Energy Converters and a Mechanism for a Cyclic Universe (Expanded Version)

This proposal suggests viewing black holes not merely as regions where matter and information vanish beyond the event horizon, but as physical systems that transform energy and matter. The combination of black holes of all scales in the Universe may form a single ultra-dense “super black hole,” giving rise to a new phase of the cosmos. This model naturally accounts for the cyclical nature of the Universe while remaining consistent with conservation laws and observed astrophysical phenomena.