A fluid of black holes at the beginning of the Universe
  The most entropic fluid can be related to a dense gas of black holes that we use to study the beginning of the universe. We encounter difficulties to compatibilize an adiabatic expansion with the growing area for the coalescence of black holes. This problem may be circumvented for a quantum black hole fluid, whose classical counterpart can be described by a percolating process at the critical point. This classical regime might be related to the energy content of the current universe. 
P. Diaz, M.A. Per, A.Segui