In addition to the uses for fixed point already stated (e.g. large worlds,) it is also used to make code deterministic across machines/platforms/etc.
It is possible to do this with floating point code but your milleage may vary (in my experience it is challenging.)
One example of this is RTS games where inputs are broadcast to all clients and each client must update their state and stay in sync.
I actually experienced floating-point determinism being varied across machines in an engine which 'planted' trees around terrain at game load time using a procedural method of creating potential points all over the terrain and checking the slope of the ground at those points one at a time before generating a new point to test, and in some cases it would throw off the scene generation algorithm so wildly that the two machines in the same game would be in two geometrically different worlds due to the PRN code becoming out of sync when some trees would get planted and others wouldn't based on floating point precision nuances in the slope check.
If both were running the same executable, then this really can't happen. The result of a floating point instruction is defined exactly (the rule is that it should return the nearest floating point number to the exact result, and round to even on ties). Also, if you don't have options like fast math enabled, then the same thing is true for C/C++ code (at least if it's IEEE 754 compliant), so it's likely that this difference was caused by something else.


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