I can't speak to if NXT as a whole is a scam currency, but my personal experience was that it took basically two days to confirm a transaction. And when I went to make a small transaction to test something out it said my password was wrong.
A block taking two days has never happened before, are you sure you put the transaction through?
Also the Client has no way of knowing what *your* password is. It just takes what you give it, processes it and shows the account it is related to. How exactly did it tell you it was wrong?
When the servers are given a kick, you will be able to try Nxt for free and without needing to download the client or the blockchain
here. You can learn the basics (and advanced bits) here risk free.
I did a faucet to get 4 nxt and then sent 1 nxt to someone to test it out. then it took about 2 days for the 1440 confirm counter to reach for both of these. I didn't have the program running the whole time, so I don't know if that slows it down.
As for the password, I was logged into my account. I went to do another transaction (I believe to set a name or alias as another test) and it said wrong password. I typed it about 3 times, did it without the dots and copied pasted, ect. Tried different type of transaction, ect.
Then I went and logged out. and tried signing in through my password only and it gave me a whole new account number.
May be my newbishness but as far as I could tell I did everything right.
Couple of things: the 1440 block wait is the wait time until your 4 NXT became eligible to forge (staking, in other words).
You can spend the little bastards after one confirmation/block........
NXT is a brain wallet, so passphrase=account.
If you get your passphrase wrong.....you open a different account.
As an example:
The passphrase "EvilDaveisapl
onker" opens the Nxt account
NXT-UQWX-5WEP-J5W2-DRD7Vbut "EvilDaveisapl
0nker" opens
NXT-BRRS-L7XK-UADM-34428What has probably happened is that you've stored your passphrase incorrectly
(if you're copying and pasting out of Word: don't! Use NotePad instead....Word tends to add some extra linebreaks)
If you want to try out a Nxt demo, go here:
http://www.peerexplorer.com/Click on the 'resolved IP' of any peer with 'open API', then choose 'Open Wallet GUI' at the bottom of the page.
You are then on the log-in screen of that Nxt server.......play around, for example by using the above 2 accounts.
Do not use 'real' account passwords on an unknown Nxt node/server, btw, there is a theoretical security risk.