The Eightfold Path (also known as the Noble Eightfold Path) is a part of the Fourth Noble Truth of Buddhism, and includes eight traits that are needed in order to find liberation: right speech, right action, right livelihood, right effort, right mindfulness, right concentration, right understanding and right thought. The first person to teach the Eightfold Path was Buddha himself.
Buddha asked for his followers and practitioners to start studying and practicing living all of the eight traits immediately, rather than cultivating them individually. He felt that all of the traits complemented one another. The basis for the Eightfold Path is compassion and love.