NVME ssd in a carry usb adapter. It’s as reliable as a regular ssd, but it’s way more portable and durable than commercial external hdds. A little bigger than usb flash drives but worth the tradeoff. Wouldn’t use it as the only backup place for a password dB file but for carrying around its pretty good.
To “link” other devices you have to scan a qr from your phone, so it’s certainly possible that during that process the devices connect and share the key, and the servers don’t have it.
Or the servers could have it. Idk, it’s closed source, that’s the problem at hand.