Wayism and Daoism
approximately five hundred BC. The foundation of Daoism is the surviving fragments of the book Dao De Jing believed to have been written by LaoTzi. The name of the book translates to something like The Virtues of The Way.
Soon after the teacher's message was delivered and his disciples spread the word, scholars took an interest. The philosophers of the day found in the teaching of the Way 'ammunition' to counter or refute some of the Confucian arguments that were winning a lot of philosophical ground. There were several other competing philosophies but after a few decades the two main systems that remained were (Daoism/Taoism) and Confucianism. As things go, when it became popular, the rulers of the land investigated and wanted some control over the new ideology sweeping the land. When that happens, there is always some serious redacting of the text going on because the rulers would have their people sanitize the teaching before adopting it (same happened with Christianity). Both systems were adopted by Chinese royal decrees over time, and both were severely broken by the editors. What remained is as little as remained of Jesus' original teaching, just a few lines here and there. Over the years they removed anything that did not serve their political purposes and destroyed competing works.
Just as it happened with Christianity and Buddhism, so it went for Taoism--the philosophy became became an organized religion with hierarchy, pomp, parade and hordes of priests. Over time, it too had moved away from its core and adopted layers of heavens, celestial beings and intricate incantations along with sacrifices and rituals that hordes of priests perform on your behalf.
In the Wayist primary text readers will recognize familiar elements at the core of the the Yogic texts, Upanishads, Dao De Jing, Mahayana Sutras, the Wisdom Tradition and ancient Jesus teachings (mostly from apocryphal sources).
Wayism serves the need for occasional restatement of the basic teaching. Each restatement of core truth helps humankind to restart with a higher degree of understanding and less influence from superstition. The biggest stumbling block in a renewal is, as the primary text says, to break free from culturally conditioned thinking.