I've read this in several well known articles, including this one:
http://www.koonsolo.com/news/dewitters-gameloop/
Under the Interpolation and Prediction subheading is the description of the formula. I'm currently using the suggested game loop from the article (without passing in the interpolation). I get why interpolation is used, but I'm having trouble understanding why it is applied during rendering, and how it relates to my game.
I'm presently using pure tile based movement for 32x32 tiles. So my player moves from tile A to tile B so long as tile B can be occupied, and at a fixed rate of 1 pixel per 10ms. The state is "walking" until the player moves the full 32 pixels, at which point the state is "stopped". This all happens in a standard timer, but all during my update routine. My rendering routine simply takes the player's position and renders it onto the map. There is no "speed" per say in that equation that is accessible. So how would I use interpolation?