Like any other cloud based computing platform, EC2 provides computing capability in one of world’s best cloud environment. It comprises of virtual servers, security groups, networking and storage.
Amazon Lightsail is a pre configured environment, which provides everything needed to launch and deploy a project. In simple words, you can say that Lightsail is a subset of EC2 which offers a previously set options to choose, according to the project requirement, including SSD based storage, DNS management, static ip, computing environment and above all of these, a fixed price