I say 1 because 2 just looks like it might not fit 2 chairs comfortably between the legs. Which means you would be straddling and I always hate that. If that doesn't bother you then go 2, because of reasons that PPs said.
I haven't built a shanty project yet, but I'm on my 3rd ana white project and man are the instructions lacking. Thankfully I can figure it out from the photos.
#1 the legs are too close to the end. So either the person on the long side straddles the table leg, or they are weirdly far from end person and that space is kinda wasted