Replying to New format but no edit post?

I love the new format guys. Works really well especially on mobile now but why can I ask is there still no edit post? With more people posting on mobiles auto correct mistakes become a lot more regular but still there is no function to edit a post just to correct mistakes. Why is this?

From my understanding mods can edit posts but no one else. The lack of editing a post has annoyed me since I joined and I hoped it would be taken care of in the format change but seemingly not.

Any reasons you guys don't want to implement an edit post function?