[snarkconjecture]

Not really. Dirac's trick works entirely at a depth of two logs, using sqrt like unary to increment the number. It requires O(n) symbols to represent the number n, i.e. O(2^n) symbols to represent n bits of precision. This thing has arbitrary nesting depth of logs (or exps), and can represent a number to n bits of precision in O(n) symbols.

[DannyBee]

Sure, but that was because that was an arbitrary restriction on the problem dirac solved.

Still seems a fairly simple variation once you remove the arbitrary restriction. To the point: I don't believe for a second that anyone familiar with his solution, asked to make it more bit efficient, would not have come up with this. Nor do I believe they would call it anything other than a variation.

That doesn't make it less cool but I don't think it's like amazingly novel.