Time in Transcendence is quantized. Bullet-time doubly so. Remember that the universe updates every 1/30th of a second (real-time) which means that time cannot be subdivided below that quantum.
Since motion is just (velocity X time), motion in Transcendence is also quantized--that is, objects will appear to "jump" from one point in space to another.
Bullets in Transcendence obey these quantum laws. Sometimes, bullets appear to "jump" across a solid barrier. This is not an illusion, but rather a property of the quantum laws of Transcendence.
Ships never seem to pass through walls because they are large and (relatively) slow macroscopic objects; but bullets are small and fast and subject to these quantum effects.
Why don't I just fix this (quantum) bug?
Yeah, I don't have a good answer for that
