Cyanobacteria evolved around 2.7 billion years ago and were able to perform oxygen-producing photosynthesis. Over hundreds of millions of years, cyanobacteria steadily released oxygen into the oceans and atmosphere through photosynthesis. This Great Oxidation Event eventually led to oxygen replacing methane as a major component of the atmosphere between 2.4-2.1 billion years ago. This changed Earth's climate and chemistry forever, allowing for the evolution of aerobic metabolism and multicellular life.