Your alternate is that "new life" might be springing up every day all the time and we just don't notice it because the first life of one billion years ago is just like what we have around today. So for some reason, this randomly created new life is identical to one billion years ago, yet you see no pattern or plan in the rules of nature which is more than "random."
Now who's clutching at straws to answer things they can't answer. Neither of your scenarios are scientifically proven, or reproducable in a laboratory or anywhere else by scientists.
I'm not a creationist, but those of you who are stone cold scientific materialists remind me of me about 30 years ago. You are sadly ignorant of the deep rift between science and religion which has left neither with the ability to answer all questions.
You seem to have a problem with considering alternatives.
I don't.
Give me a while and I'll come up with a few more.
None of which have even the slightest impact on evolution theory, which, as everyone has been told repeatedly, has to do with the differentiation of species, not the origin of life.