So a lot of bitcoin has been lost due to incorrect wallet addresses and human errors..
I however think that at this point of technological advancement, there should be a way to recover lost bitcoins. Not just bitcoins but other cryptocurrencies too. Now this may not be possibly done by the careless user, but it could be found by miners.
Lost bitcoins should have a way to be mined back into the market and Recovered..
Is there a project about this already?? What is your opinion and do you think it's is possible
I don't think it's advisable to make modifications to the blockchain to extract "lost" bitcoins. This would mean losing the essence of the immutability of the blockchain. What I would suggest is a type of transaction or redemption script that remains in the mempool, for example, 100 blocks, and that the recipient must respond to this transaction for redemption. Otherwise, if the recipient does not do so, it will not be included in a block; instead, once the period has elapsed, it will be removed from the mempool.
This would somehow prevent future bitcoins from being unintentionally burned.