I am still amazed anyone would use a proprietary password manager which stores in someone else's computer. That's the opposite of good password management.
Which is why LastPass doesn't store your passwords on its servers, just a one-way hash.
I don't think that's correct. They state that passwords are decrypted in the browser. They are stored encrypted on their servers but not decrypted on their servers AFAIK
That wouldn’t be very helpful if the point is for the service to remember your passwords.