Arithmetic of continued fractions, does it exist?

Bill Gosper has invented an algorithm for performing analytic addition, subtraction, multiplication, and division using continued fractions. It requires keeping track of eight integers which are conceptually arranged at the polyhedron vertices of a cube. Although this algorithm has not appeared in print, similar algorithms have been constructed by Vuillemin (1987) and Liardet and Stambul (1998)

For illustration how to perform some continued fraction arithmetic see this.