Are there multiple options for 2 way no neutral

This seems to be the common diagram for wiring a 1L with no neutral:

Would you set both switches to be 'edge' in the config or would one need to be 'detached' ?

But I've also seen this option:

I believe you would configure the switch type to simply be 'edge' for SW1 in this example.

Are both viable? The second one makes more sense in my brain.

If the second option is viable would this also be for additional switches?