It's been hypothesized that, at a high enough energy density (say, in a collision of particles), a bubble of true vacuum could be formed, which would then grow at the speed of light and envelop our universe, which is currently in a false vacuum, thus making all matter disintegrate. Is this possible?
Yes, it is! Breathtaking, is it not? S. Coleman called it a "cancer of space".
The quantitative features of the decay of the false vacuum require a good knowledge of instantons physics and of symmetry bracking. However, it is easy to understand the qualitative features of the hypothesis by looking at the nucleation processes of statistical mechanics, for example, the boiling of superheated fluid. The superheated fluid phase corresponds to the false vacuum and the vapor phase to the true vacuum. We know that thermodynamic fluctuations cause bubbles of vapor to materialize in the fluid. Small bubbles shrink to nothing, as the gain in volume energy is compensated for by the loss in surfase energy. However, once a large enough bubble is formed, there is no need to worry about fluctuations anymore; it is energetically favorable for the bubble to expand converting the available fluid to vapor or coalesces with another bubble.
Now, you can picture the decay of the false vacuum if you replace thermodynamic fluctuations by quantum ones.
The hypothesis can be traced back to E. Gliner (from Leningrad) at the end of the 1960's. But Gliner was trying to understand the secret behind the birth of the universe. In 1972, A. Linde and D. Kirzhnits showed that a state of giant negative pressure can indeed arise in the expanding universe.
The key (technical) papers on this subject are;
M B Voloshin, Sov. J. Nucl. phys. 20, 644(1975).
S Coleman, phys. rev. D15,2929(1977).
M Stone, phys. rev. D14,3568(1976).
A Linde, phys. Lett. 70B,306(1977).
A Linde, Rept.prog.phys. 42, 389(1979).
See also the work of A. Sakharov and Y. Zeldovich on the same subject.
regards
sam