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Apparently, posting this link gets you banned: https://github.com/diefarbe

Ironically named. DieFarbe = "The Paint"

I don't exactly see the irony here.

And it also means "The Color" which is probably a more apt translation in this case.

I read it as colour.

Both are correct. You'd use a tin of paint/"Farbe" to paint a wall, but saying the your favorite colour/"Farbe" is red is also correct.