It doesnt feel great being unable to revive or loot friends that have died.
i dont mind losing weapons and armor and the like considering its hardcore, but it would be nice to have a way and help each other out if someone dies.
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As far as I know - Hardcore is permanent character death. Regardless of solo or co-op. I do think we should drop a loot bag similar to when accepting too many items that can be accessed within a certain time window.
Breaking most the equipment in the bag too would honestly be fine too but a total loss can be pretty frustrating despite the nature of hardcore.
Farming XP potions and stockpiling is probably your best bet in the interim.