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I've been experimenting with opencv to estimate the homography matrix between 2 images captured with my computer's webcam. I have noticed that when the 2 views are not very far apart (that's when I don't move my computer far away), when I warp the second image with my homography matrix, the warped image and the first image nearly overlap. But when the 2 views are very wide apart, warping the second image with the homography matrix that I estimated gives a view that is very different from that of the first image.
So my question is, why is that? are there conditions on the motion model of the camera between the 2 views that have to be met so that the homography estimation can be performed correctly?
And in very simple terms, what is a homography anyway? (In my understanding, an image is a 3D world projection on a certain 2D plane (the camera plane), a homography matrix allows us to project the 3D world on another plane by way of our first projection on the camera plane)

S.E.K.
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