I ran into this problem with my new v2 installation too - see: QuotaExceededError on tablet - #3 by OpinionatedGeek
Unfortunately it means that v2 just plain doesn’t work on my phone or my tablet, and I really miss it!
I’ve avoided LogSeq in the past because - for my simple needs - I don’t really want the problems of file system access and syncing. Is v2 going that direction now too?