writes "Stephen Hawking has proposed a new solution to the black-hole firewall paradox, which has been vexing physicists for almost two years, after its discovery by theoretical physicists Joe Polchinski at the Kavli Institute for Theoretical Physics in Santa Barbara, California, and colleagues. The paradox troubles physicists because if the firewall scenario is correct, Einstein’s general theory of relativity is flouted. But the classical theory black hole cannot be reconciled to the quantum mechanical prediction that energy and information can escape from a black hole.
Now Hawking has proposed a tantalizingly simple solution to the paradox which allows both quantum mechanics and general relativity to remain intact--black holes simply do not have an event horizon to catch fire. The key to his claim is that quantum effects around the black hole cause spacetime to fluctuate too wildly for a sharp boundary surface to exist. As Hawking writes in his paper, "The absence of event horizons mean that there are no black holes — in the sense of regimes from which light can't escape to infinity.""Link to Original Source