ZEC
ZEC has 2 homes, and they are not equivalent. On the Zcash network it is Zcash. On Solana it is a representation of Zcash issued on another chain. It moves at Solana speed, costs Solana fees, and carries none of Zcash’s own properties. If someone asks you for ZEC, which one they mean is a real question.
The Zcash network
Blocks land about every 75 seconds and the fee is paid in ZEC. This is the chain people mean when they say Zcash, and it is a separate destination in this wallet with its own address format.
ZEC on Solana
A representation of the same asset issued on Solana. It confirms in under a second and is spendable anywhere on Solana, which is the point of it, but it is a claim held on another chain, not a Zcash balance.
Which one to send
Ask the recipient which network their address is on. A Zcash address and a Solana address look nothing alike, so the mistake is easy to avoid once the question has been asked at all.
Networks carrying ZEC
Questions
Is ZEC on Solana real Zcash?
It is a representation of the asset on Solana, not a balance on the Zcash network. It moves and settles like any other Solana token.
Do I need ZEC to send Zcash?
No. The fee is charged inside the operation, in the asset you are sending.
How long does a Zcash transfer take?
Zcash produces a block about every 75 seconds. A cross-chain move waits on both ends, so the wallet quotes the estimate for the pair.