Cherry pick "max depth" fix on our react-native fork #1747
Description
Let's first check if this PR is close to merge, if yes, let's wait for it and do this afterwards.
We need this fix to be able to ship Group, Column blocks. It will be available with React Native 0.62 which is in the RC phase currently but there's no clarity around when it'll be shipped(discussions going on here). So we can cherry pick that fix on our fork and unblock Group and Column.