# Algorand Smart Contracts

**URL:** <https://forum.algorand.co/t/algorand-smart-contracts/7304>\
**Category:** General\
**Tags:** smart-contracts\
**Created:** [June 30, 2022, 11:22pm UTC](https://forum.algorand.co/t/algorand-smart-contracts/7304 "2022-06-30T23:22:15Z")\
**Posts on this page:** 1\
**Showing post:** 2

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**Author:** ![Ben](https://sea2.discourse-cdn.com/flex016/user_avatar/forum.algorand.co/ben/32/1979_2.png) [@Ben](https://forum.algorand.co/u/Ben)\
**Post date:** [July 1, 2022, 12:24pm UTC](https://forum.algorand.co/t/algorand-smart-contracts/7304/2 "2022-07-01T12:24:46Z")

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> [@bhaney44](#):
>
> Stateful and stateless smart contracts are two retired types of Algorand smart contracts because they are no longer used and considered widely outdated.

Stateful and stateless contracts were renamed to just “Smart contracts” for stateful and “Smart signatures” for stateless since this is closer to the industry standard definitions for these tools. They’re definitely still in use and not “outdated”.

> Thus, Stateful and Stateless have essentially been retired to the archives because they failed to achieve any significant transactional function and were highly susceptible to hacks.

This is not even close to true.

_veritas omnia vincit_

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