Lightsail is a virtual server which is cost effective, fast and reliable with easy to use UI and auto-scaling abilities.
It has all the similar features as that of EC2 but has a few additional features like
A good & user-friendly GUI
It creates a VPS (Virtual Private Server)
VPS has powerful APIs to integrate with other external applications
Easy extension of resources like storage, servers, secure networking, etc.
It also provides load balancing
Unlike EC2, you will have to pay even if your instance is STOPPED (not running & not deleted); to avoid charging use snapshot and delete the unrequired instances
Instances: to create & manage instances (only OS or OS + application) with Number of instances
Connectivity using key pair (SSH or default key)
Networking: you can create static IP
Storage: create or add new disk
Metrics: Default monitoring tool like CPU utilization, status check, network details, etc.
Networking: IP addresses & Firewall management (security groups), load balancing (enable/disable), DNS zone
Snapshot: To take a snapshot of the instance and launch instance using snapshot
History: actions taken on the instances
Delete: to delete the instance
Advanced features
API access keys: to have access to other applications
VPC Peering: Allow AWS to see or connect to resources you have in Lightsail
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