Color Picker Component

The color picker component allows a user to select a color. The user may quickly do so visually using their mouse. Alternatively, the user may directly specify the color by entering either Hue / Saturation / Lightness values, Red / Blue / Green values, or a Hex color code. The component accepts an input color in Hex format (like #facade). If no color is specified, the component defaults to black (#000000). As the user interacts with the component to adjust the color, the component outputs the updated color in Hex format.

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