A method of sharing a first common secret among a plurality of nodes for enabling secure communication for blockchain transactions. The method comprises determining, for at least one first node a plurality of second common secrets, wherein each second common secret is common to the first node and a respective second node, is determined at the first node based on a first private key of the first node and a first public key of the second node and is determined at the second node based on the first private key of the second node and the first public key of the first node. The method further comprises exchanging encrypted shares of the first common secret among the plurality of nodes to enable each of the plurality of nodes to reach a threshold number of shares of the first common secret to access the first common secret.