Boto versions include Boto, Boto3 and Botocore. Boto3 is the latest version of the SDK, providing support for Python versions 2.6. 5, 2.7 and 3.3. Boto3 includes several service-specific features to ease development.
From internal Wiki: The Boto was named after it because it swims in the Amazon, and all the good river and city names were already taken.
Boto3 is the name of the Python SDK for AWS. It allows you to directly create, update, and delete AWS resources from your Python scripts.
Get started quickly using AWS with boto3, the AWS SDK for Python. Boto3 makes it easy to integrate your Python application, library, or script with AWS services including Amazon S3, Amazon EC2, Amazon DynamoDB, and more.
The boto package is the hand-coded Python library that has been around since 2006. It is very popular and is fully supported by AWS but because it is hand-coded and there are so many services available (with more appearing all the time) it is difficult to maintain.
So, boto3 is a new version of the boto library based on botocore. All of the low-level interfaces to AWS are driven from JSON service descriptions that are generated automatically from the canonical descriptions of the services. So, the interfaces are always correct and always up to date. There is a resource layer on top of the client-layer that provides a nicer, more Pythonic interface.
The boto3 library is being actively developed by AWS and is the one I would recommend people use if they are starting new development.
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