The similarities between all present day organisms imply a common ancestor from which all known species, living and extinct, have diverged.
[10] The first known mass extinction was the Great Oxidation Event 2.4 billion years ago, which killed most of the planet's obligate anaerobes.
Researchers have identified five other major extinction events in Earth's history, with estimated losses below:[11] Smaller extinction events have occurred in the periods between, with some dividing geologic time periods and epochs.
539 Ma – present The Phanerozoic Eon (Greek: period of well-displayed life) marks the appearance in the fossil record of abundant, shell-forming and/or trace-making organisms.
It is subdivided into three eras, the Paleozoic, Mesozoic and Cenozoic, with major mass extinctions at division points.