Compensation, like, how? Do you mean rewarding those who have lost their bitcoin or adding those back to the supply?
I mean adding it back to the supply to be available for mining again.
But why? Lost bitcoins are lost, for whatever reason. Why would we want to reintroduce them back into circulation? To increase supply? But why? It would just mean that all other bitcoins would be worth less. This is exactly what we have with fiat currency printing, where increasing the money supply can lead to inflation.
Giving it back to the owners would be impossible, or if possible, it would be ridiculous, as each owner should take care of their BTC.
Giving them to someone else would be even more ridiculous. What if you mistakenly take someone's long-term hodl for lost coins? How would you define "lost" coins anyway?