The document discusses the Precambrian Eon, which lasted over 4 billion years and comprised approximately 88% of geologic time. During the Precambrian, the Earth had a different atmosphere and hydrosphere than today. The earliest atmosphere was likely hydrogen and helium but was lost to space. Once Earth developed a magnetosphere, volcanism led to an atmosphere forming via outgassing, but it lacked free oxygen and an ozone layer, containing gases like carbon dioxide, ammonia and methane instead.