These small faults, which are caused by internal cooling of the moon, have been discovered all over the moon, said Thomas Watters, a planetary geologist at the Center for Earth and Planetary Studies of the Smithsonian National Air and Space Museum in Washington, D.C.

"We know it's shrinking by looking at these landforms called lobate scarps that kind of look like stairsteps in the landscape," Watters told AOL News. "They're caused by thrust faults, which are generated when the lunar crust material is pushed together and pushed up, forming a cliff or scarp."

What excites scientists is that the LRO camera's high-resolution images reveal details down to a half meter to 2 meters per pixel resolution, and this is how Watters and his colleagues have been able to detect the scarps all over the moon.

But the biggest discovery about these structures, Watters added, points to the fact that the moon is still active.

"These faults could be so young that they may be indicating very, very recent tectonic and, therefore, geologic activity on the moon. One of the general conceptions out there is that the moon is this geologically dead body, and that's really not the case," he said.

Exactly how much lunar shrinkage are we talking about? And since the moon is directly involved with the rising and falling of global sea levels, should we be getting into panic mode down here on Earth at the idea of a smaller moon?

"Overall, it's only about 100 meters in the past billion years, so it's not a whole lot of contraction -- it's not something you're ever going to notice from Earth," Watters said. "But because the scarps are widespread, they definitely indicate the moon's crust has been shrinking.