- You haven’t proven that the set is closed under addition and multiplication properly. You’ve allowed the numerators to differ, but not the denominators. You really need to show that $$\frac a{2^n}+\frac b{2^m}\\\frac a{2^n}\cdot\frac b{2^m}$$ are in your set when $a,b\in\mathbb Z,$ and $m,n\in\mathbb N.$ For multiplication, this is easy, but for addition you will need a little care. Specifically, if you want to avoid cases, $$\frac{a}{2^n}+\frac{b}{2^m}=\frac{2^ma+2^nb}{2^{m+n}}$$
- In the multiplication case, $2^n\cdot 2^n=2^{2n}\neq 2^{n+1}$ for $n\neq 1.$ That’s really a side note, since you don’t want to assume $m=n,$ anyway.
- Really a side-note, but if $0\in\mathbb N,$ we’d normally write the multiplicative identity as $\frac1{2^0}.$ $\frac2{2^1}$ works, too, of course.
- For the additive inverse, $-\frac a{2^n}$ is not technically in the right form. You want to note that $-x=-\frac a{2^n}=\frac{-a}{2^n}$ is in your set, since if $a$ is an integer, $-a$ is an integer.
Your approach for closure under addition and multiplication would work if you proved a lemma.
If $x,y\in \mathbb Z[1/2],$ then there exists $a,b\in\mathbb Z$ and $n\in\mathbb N$ such that $x=\frac{a}{2^n},y=\frac b{2^n}.$
Essentially, any pair of elements can be written with a common denominator also a power of $2.$
You’d still have to fix issues 2. and 4. above.
Given a non-empty set $S\subseteq \mathbb Z\setminus\{0\},$ we can define $\mathbb Z[S^{-1}]=\left\{\frac aq\mid a\in \mathbb Z,q\in S\right\}.$ This is a ring iff:
Condition: For each $m,n\in S,$ there is a $p\in S$ such that $mn\mid p.$
Basically, that condition ensures addition and product are closed in $\mathbb Z[S^{-1}].$
In your case, $S=\{2^n\mid n\in\mathbb N\},$ it is easy to prove the condition.