The shocking revelation will alter science, and Science Fiction forever: World's favorite Physicist Stephen Hawking revealed recently that there are no blackholes, reports Fox News. Instead, Hawking prefers to refer to them now as 'grey holes,' adding that the dreaded event horizons may not be so destructive after all.

In a recently published paper, the Cambridge genius once again took the world by surprise with a shocking new discovery that 'the event horizon - the area once thought to separate the forces of a black hole from the rest of the universe - is not necessarily a defined zone,' according to the Science Recorder. Hawking proposes that quantum mechanics may cause 'enough ripples in the field of space time to leave a less than defined boundary between the forces unleashed by a black hole and the relative safety of space.'

In layman's lingo, the black hole, long theorized and believed to be the 'point of no return' in space, is actually non-existent.  In an interview with the website New Scientist for his 70th birthday feature, Hawking even said that his black hole theory is his biggest regret. He said, "I used to think that information was destroyed in black holes. But the AdS/CFT correspondence led me to change my mind. This was my biggest blunder, or at least my biggest blunder in science."

He added that this new finding implies that in the future, astronomers may study black holes up close, in order to determine and measure the activity occurring in such a celestial entity. Hawking emphasizes that instead of event horizons swallowing everything into oblivion or into a parallel universe; the grey hole's apparent horizon only holds back light and information temporarily.  It is important to note however, that energy released by black holes is so destructive, like x-rays, that any person who comes close in contact with it will surely be badly burned, notes The Nation.

Hawking's paper has yet to undergo peer-review, but it has already caused quite a stir in the scientific community. If accurate, Hawking helped address major issues in the field of Science, like the 'black hole firewall paradox,' which posits that the event horizon may feature a wall of fire that could destroy any entity that confronts it, explains The Scientific American.