What is the difference between class methods and static methods in Python?

Can you explain the difference between class methods and static methods in Python?

Sure! Class methods are bound to the class and can modify class state, while static methods don't access class or instance data.

Can you give me an example of each?

Of course! A class method uses @classmethod and takes cls as the first parameter. A static method uses @staticmethod and has no special first parameter.

When would I use a class method instead of a static method?

Use a class method when you need to access or modify class state. Use a static method when you don't need to access class or instance data.

Are there any performance differences between the two?

Generally, static methods are slightly faster since they don't have to pass the class or instance reference, but the difference is usually negligible.