The biggest downside to Hive, and where WordPress has the upper hand, is that you can't edit Hive posts after a certain period of time. If you change your opinion about something or want to update some information on a topic, you can't do that. That's the downside to immutability. Still, plenty of upsides.
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You can edit posts years later. The difference is the previous versions are stored and visible to people who know where to look.
So, I just ran this test on a post more than seven days old. While I was able to add something to the post, I couldn't update due to there being more than 8 tags (I had published it Ecency, I believe). I deleted two tags and updated the post. My change was there, but the two tags I deleted reappeared. I went back and deleted my addition along with those two extra tags and the same thing happened. The two tags reappeared.
That tells me that you can edit a post, but you can't edit tags and other metadata. Again, that's where WordPress has an advantage.