A method and devices for verifying a digital resource by a plurality of node devices in a blockchain network. The plurality of nodes have respective private key shares, where a collective private key of a collective private-public key pair is based on a set of the respective private key shares, and where each node has a nodal private-public key pair. The digital resource may be encrypted using a digital resource crypto public key, the digital resource crypto public key including combination of a nodal public key and a collective public key. The digital resource may be submitted to a repository system by broadcasting a commitment transaction and a subsequent reveal or rescind transaction of a commitment channel, the commitment channel formed between a respective node and a principal node. Decrypting the encrypted digital resource is based on retrieving private key share contributions from the plurality of nodes participating in verifying the digital resource.