Amazon EBS provides durable, high-availability block storage volumes for EC2 instances, ideal for applications requiring frequent data updates, such as databases. EBS enables encryption, snapshot backups, and restoration across availability zones and regions, while offering various volume types tailored for performance and cost, including general purpose SSD, provisioned IOPS SSD, and magnetic volumes. EBS volumes can be detached, deleted, and restored using snapshots, while maintaining data availability and persistence.