Surfaces that are not flat
No picture surface keeps everything
A picture has to be cast onto something, and every candidate surface destroys something different. Six of them are measured here on the same three properties, and the corner of the plot where a surface pays nothing is empty — not because nobody has thought of one, but because a theorem says there is none.
The cylinder, and the price of going all the way round
A cylindrical picture can hold three hundred and sixty degrees, keeps every vertical vertical, and bows every horizontal. Its cost is a stretch of sec φ in elevation, which is also the equirectangular surface's cost exactly — two surfaces that are always described as different and are identical in the one respect anybody notices.
Stereographic keeps every angle, and only stereographic
One surface in the family preserves shape exactly — every right angle stays a right angle and both its arms are magnified equally, to the last bit the arithmetic has. It also sends every circle in the world to a circle in the picture, which the site's existing conic fit can be pointed at and asked to confirm without being told what it is looking at.
Every fisheye is a different rule
The word "fisheye" names a shape of lens and not a projection. There are several, they disagree with each other by tens of per cent at the frame edge, and each is the right answer to a different question — one is a protractor, one is a counting instrument, one preserves shape. Which one a lens implements is a fact about that lens, and it is rarely printed on the barrel.
What a 360-degree photograph actually is
The format every spherical camera writes preserves nothing — not straightness, not shape, not area — and it is the right choice anyway, for a reason that has nothing to do with looking at it. An equirectangular file is a lookup table of directions, and the picture only exists at the moment something re-projects a piece of it.