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A Pastebin is a type of web application where anyone can store text for a certain period of time. This type of website is mainly used by programmers to store pieces of source code or configuration information, but anyone can basically share any type of text. The idea behind pastebins is to make it more convenient for people to share large amounts of text online. Clipboard managers and pastebins give users powerful tools to manage clipboard contents locally and to share them remotely.
A vast number of pastebin related websites exist on the Internet, suiting a number of different needs and providing features tailored towards the crowd they focus on most.
It took 8 years for Pastebin.com to surpass 10 million "Active" pastes (not spam or expired pastes). Less than a year later the owners of Pastebin.com tweeted that they had already surpassed the 20 million active pastes mark.
In February 2010, Pastebin.com was sold by the original owner, Paul Dixon to Jeroen Vader, a Dutch serial Internet entrepreneur. Only a few weeks after the transfer, Mr. Vader had launched a whole new version of the website which he branded V2.0. In early 2011 V3.0 launched.
There is some amount of controversy behind Pastebin.com due to the spam like nature of a lot of the posts. Among other things, account passwords, credit card numbers, and other personal information is posted to Pastebin.com on a daily basis.
Pastebin is also sometimes used to post links to download copyrighted material from public file hosting sites.