Proof.
If (2) holds, then (1) holds by Algebra, Lemma 10.46.7. Assume (1). Then the kernel of A \to B consists of nilpotent elements by Algebra, Lemma 10.30.6. Thus we may replace A by the image of A \to B and assume that A \subset B. By Algebra, Lemma 10.46.5 the set
B' = \{ b \in B \mid p^ nb, b^{p^ n} \in A\text{ for some }n \geq 0\}
is an A-subalgebra of B (being closed under products is trivial). We have to show B' = B. If not, then according to Lemma 29.46.6 there exists a b \in B, b \not\in B' with either b^2, b^3 \in B' or there exists a prime number \ell with \ell b, b^\ell \in B'. We will show both cases lead to a contradiction, thereby proving the lemma.
Since A[1/p] = B[1/p] we can choose a p-power q such that qb \in A.
If b^2, b^3 \in B' then also b^ q \in B'. By definition of B' we find that (b^ q)^{q'} \in A for some p-power q'. Then qq'b, b^{qq'} \in A whence b \in B' which is a contradiction.
Assume now there exists a prime number \ell with \ell b, b^\ell \in B'. If \ell \not= p then \ell b \in B' and qb \in A \subset B' imply b \in B' a contradiction. Thus \ell = p and b^ p \in B' and we get a contradiction exactly as before.
\square
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