Benefit of ebs vs instance store

Question

Can someone explain what is the difference between ebs and instance store?

Answer 1

In EC2, 

EBS :

• It is like the virtual disk of a VM
• Instances backed by EBS can be easily started, stopped or terminated 
• Snapshots can be taken at any given point for backups
• AMIs can be created from EBS snapshots

Instance storage :

• Local hence faster
• Non-networked, normally EBS I/O comes at the cost of network bandwidth
• Has limited I/O per second (IOPS)
• As soon as the instance is stopped, instance storage is lost

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