Editing a post may be to remove the password or email address you accidentally copy pasted in, or removing some potentially doxxing information, or one of many reasons you want that content gone.
Why not just delete the post, and then make a new one with the correct information?
Github has edit history, but it also allows users to delete revisions so it seems your main concern would not be resolved by this implementation.
If this were to be allowed, the edit history would then be pointless.
And as you point out, there is already a message that says the post was edited and what time.
That is the only information that is provided. One is unable to find out what was changed.
This one actually isn't so bad. If a person opts out of their edit history being shown, at least this would be a sort of red flag for the reader that should trigger skepticism in the content's trustworthiness. That being said, it would still be inferior to having a mandatory edit history.