The lipid world theory postulates that the first self-replicating object was lipid-like. Phospholipids form lipid bilayers in water while under agitation—the same structure as in cell membranes. These molecules were not present on early Earth, but other amphiphilic long-chain molecules also form membranes. These bodies may expand by insertion of additional lipids, and may spontaneously split into two offspring of similar size and composition. The main idea is that the molecular composition of the lipid bodies is a preliminary to information storage, and that evolution led to the appearance of polymers like RNA that store information. Studies on vesicles from amphiphiles that might have existed in the prebiotic world have so far been limited to systems of one or two types of amphiphiles.
A lipid bilayer membrane could be composed of a huge number of combinations of arrangements of amphiphiles. The best of these would have favored the constitution of a hypercycle, actually a positive feedback composed of two mutual catalysts represented by a membrane site and a specific compound trapped in the vesicle. Such site/compound pairs are transmissible to the daughter vesicles leading to the emergence of distinct lineages of vesicles, which would have allowed natural selection.
A protocell is a self-organized, self-ordered, spherical collection of lipids proposed as a stepping-stone to the origin of life. The theory of classical irreversible thermodynamics treats self-assembly under a generalized chemical potential within the framework of dissipative systems.
A central question in evolution is how simple protocells first arose and differed in reproductive contribution to the following generation, thus driving the evolution of life. A functional protocell has (as of 2014) not yet been achieved in a laboratory setting. Self-assembled vesicles are essential components of primitive cells. The second law of thermodynamics requires that the universe move in a direction in which entropy increases, yet life is distinguished by its great degree of organization. Therefore, a boundary is needed to separate life processes from non-living matter. Irene Chen and Jack W. Szostak suggest that elementary protocells can give rise to cellular behaviors including primitive forms of differential reproduction, competition, and energy storage. Competition for membrane molecules would favor stabilized membranes, suggesting a selective advantage for the evolution of cross-linked fatty acids and even the phospholipids of today. Such micro-encapsulation would allow for metabolism within the membrane and the exchange of small molecules, while retaining large biomolecules inside. Such a membrane is needed for a cell to create its own electrochemical gradient to store energy by pumping ions across the membrane. Fatty acid vesicles in conditions relevant to alkaline hydrothermal vents can be stabilized by isoprenoids which are synthesized by the formose reaction, the advantages and disadvantages of isoprenoids incorporated within the lipid bilayer in different microenvironments might have led to the divergence of the membranes of archaea and bacteria.