Based on the provided knowledge sources, there is no specific information about issues with Airbyte's encrypted version key-pair authentication for the Snowflake destination. However, it is mentioned that you can authenticate Snowflake as a destination in Airbyte using username/password or key pair authentication [source](
https://docs.airbyte.com/integrations/destinations/snowflake#step-3-set-up-snowflake-as-a-destination-in-airbyte). If you're experiencing issues, it might be due to other factors such as the Airbyte or Snowflake connector version, or specific configurations. For instance, one user had an issue with the Snowflake connector due to the introduction of the "airbyte_internal" schema [source](
https://github.com/airbytehq/airbyte/discussions/36813). If you're still having trouble, I recommend checking the Airbyte documentation or reaching out to the Airbyte community for further assistance.