Drop two stones of different shapes into a pond — the ripples will tell you which one was smooth and which was jagged. Gravitational waves work the same way: when two ultra-dense objects merge, the trembling of spacetime carries details about their inner workings.
Black holes are thought to have no 'hair'—no extra features beyond mass and spin rate. This is the prediction of the no-hair theorem. Neutron stars or hypothetical exotic objects are more complex: their oblateness or pear-shape depends on the 'dough' they are made of (physicists call this the equation of state). When such bodies orbit in a pair, their spin creates slight deviations in shape — the quadrupole and octupole moments (deviations from a perfect sphere and subtler distortions). These differences slightly alter the rhythm of the emitted gravitational waves.
The authors of the study took a flexible method (FTI) that is not tied to any specific theory and added corrections to the signal waveform to account for these moments. They first tested the approach on synthetic signals, then applied it to real data collected by the LIGO-Virgo-KAGRA collaboration. It turned out that current detectors cannot yet reliably measure such subtleties. But future facilities, Einstein Telescope and Cosmic Explorer, could determine the quadrupole moment to within a few hundredths, and the octupole moment to tenths. That is a hundred times better than today's limits. If a signal shows a deviation from the black-hole template, we've caught an impostor — say, a neutron star or something truly unusual.
The name 'no-hair theorem' was coined by John Wheeler: black holes are so simple that they have no individual 'hairstyles'—only mass, charge, and spin.
In Isaac Asimov's novel 'The End of Eternity,' characters travel through the centuries, but even they would have to admit that gravitational ripples from colliding compact objects are the best detector of a black hole's authenticity.