As stated in this commit from 2018, there have been plans to switch out Git's hash algorithm from SHA1 to SHA256.
Will that be a truncated SHA256, or are Git's hash lengths going to change?
it seems it does change…
$ for a in sha1 sha256; do d=${a%56}; git init -q --object-format=$a $d; touch $d/x; git -C $d add x; done
$ find sha?/.git/objects/ -type f
sha1/.git/objects/e6/9de29bb2d1d6434b8b29ae775ad8c2e48c5391
sha2/.git/objects/47/3a0f4c3be8a93681a267e3b1e9a7dcda1185436fe141f7749120a303721813