The current plan is for Git to essentially use SHA-1 hashes as aliases for SHA-256, using a lookup table. This would mean that any given SHA-1 hash would, in a particular repository, map to one and only one SHA-256 hash, which is then used to retrieve the object. Eventually the SHA-1 hashes would be deprecated (via a per-repository mode switch, so every Git user or host would migrate according to their preferences).

https://git-scm.com/docs/hash-function-transition/