Steven H theorized that Black Holes evaporate over time by losing one of a pair of virtual particles at the event horizon. The quantum physics crowd (Krause) said our laws of nature prevents any and all information from being lost.

So Steven said instead that black holes shrink as thermal energy is lost from a black hole. But to silence the quantum crowd he said the information could be stored in an object like a HAIRY BLACK HOLE. The hairs would store the information of everything that ever fell into it. Of course this idea has no evidence.

There is more circumstantial evidence linking the center of black holes with a big bang expanding into newly created space. This woud mean the universe we see and all that we do not see all existed inside a black hole.

My evolving idea is that inside a black hole, space and time virtually change places so one would navigate time and space passes in one direction. The Dirac equation helps show this. Beyond this there is evidence our galaxy has 10,000 or more black holes and one super massive black holes at the center.

I believe as the population of black holes and thier ultimate gravity wells grow larger the more space is produced to balance the regions of time held at a standstill. This is the source of dark energy accelerating the expansion of the universe.

Spacetime is some pretty wierd stuff
But so are Steven's hairy black holes.