Difference between staticmethod and classmethod

Question

What is the difference between a function decorated with @staticmethod and one decorated with @classmethod?

Answer 1

I think a better question is "When would you use @classmethod vs @staticmethod?"

@classmethod allows you easy access to private members that are associated to the class definition. this is a great way to do singletons, or factory classes that control the number of instances of the created objects exist.

@staticmethod provides marginal performance gains, but I have yet to see a productive use of a static method within a class that couldn't be achieved as a standalone function outside the class.