Where is username and password data saved?

Description of the issue:
Where are usernames and passwords stored if we haven’t created any account with Brave? I suppose it’s just on our local computer.
If we do want to sync our usernames and passwords across multiple devices, then is the data stored on a Brave server?

Brave Version(about:brave):
Version 0.58.21 Chromium: 71.0.3578.98 (Official Build) (32-bit)

Brave’s in-built password manager only stores info on your local machine. Sync doesn’t currently support passwords. When we add passwords, they’ll be managed like everything else that’s synced: Everything you sync is encrypted with a key which never leaves your devices. We don’t have any access to the contents of that info, whether it’s bookmarks or passwords.

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Ok, if the sync data is not stored on any server, then I guess both devices have to be on for the sync to happen.

No. All your synced data (currently: just bookmarks; eventually: everything you want) is bundled up and encrypted. That encrypted bundle is sent to a Brave server, but we don’t have the key to decrypt it. Later, even if your first device is offline, your other devices can download your encrypted sync bundle and decrypt it.

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