The information that was posted about the V2 log collector was incorrect.
The log collector was created to improve the BSOD troubleshooting.
Initially the DM log collector was used for Windows 7 and 8 and 10.
Then the V2 log collector was developed to improve the troubleshooting for Windows 10.
There are thousands of threads with the use of log collectors.
And there are multiple forums that regularly use log collectors to collect important files to improve the troubleshooting.