Geometric approach to stable homotopy groups of spheres II. The Kervaire invariant

A solution to the Kervaire invariant problem is presented. We introduce the concepts of abelian structure on skew-framed immersions, bicyclic structure on $\Z/2^{[3]}$--framed immersions, and quaternionic-cyclic structure on $\Z/2^{[4]}$--framed immersions. Using these concepts, we prove that for sufficiently large $n$, $n=2^{\ell}-2$, an arbitrary skew-framed immersion in Euclidean $n$-space $\R^n$ has zero Kervaire invariant. Additionally, for $\ell \ge 12$ (i.e., for $n \ge 4094$) an arbitrary skew-framed immersion in Euclidean $n$-space $\R^n$ has zero Kervaire invariant if this skew-framed immersion admits a compression of order 16.