what type of function should you use for a component react native code example

Example 1: class component params in react

<input 
		type= "text"
     	value={ this.state.value || "" }
     	placeholder="Enter Name"
/>

Example 2: react native function

class Foo extends Component {
  handleClick() {
    console.log('Click happened');
  }
  render() {
    return <button onClick={this.handleClick.bind(this)}>Click Me</button>;
  }
}