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With this kind of uncertainty, Felix Gradstein, editor of the For clarity and precision in international communication, the rock record of Earth's history is subdivided into a "chronostratigraphic" scale of standardized global stratigraphic units, such as "Devonian", "Miocene", " ammonite zone", or "polarity Chron C25r".
Unlike the continuous ticking clock of the "chronometric" scale (measured in years before the year AD 2000), the chronostratigraphic scale is based on relative time units in which global reference points at boundary stratotypes define the limits of the main formalized units, such as "Permian".
Conveniently, the vast majority of rocks exposed on the surface of Earth are less than a few hundred million years old, which corresponds to the time when there was abundant multicellular life here.
Look closely at the Geologic Time Scale chart, and you might notice that the first three columns don't even go back 600 million years.
That last, pink Precambrian column, with its sparse list of epochal names, covers the first four billion years of Earth's history, more than three quarters of Earth's existence. Paleontologists have used major appearances and disappearances of different kinds of fossils on Earth to divide Earth's history -- at least the part of it for which there are lots of fossils -- into lots of eras and periods and epochs.