The Cinder Block Storage Service is intended to be ran on one or more nodes.
Cinder uses a sql-based central database that is shared by all Cinder services in the system. The amount and depth of the data fits into a sql database quite well. For small deployments this seems like an optimal solution. For larger deployments, and especially if security is a concern, cinder will be moving towards multiple data stores with some kind of aggregation system.
Below you will a brief explanation of the different components.
                                                 /- ( LDAP )
                             [ Auth Manager ] ---
                                    |            \- ( DB )
                                    |
                                    |
                   cinderclient     |
                  /             \   |
[ Web Dashboard ]-               -[ api ] -- < AMQP > -- [ scheduler ] -- [ volume ] -- ( iSCSI )
                  \             /   |
                   novaclient       |
                                    |
                                    |
                                    |
                                 < REST >