example.com/example v0.0.0-20171218180944-5ea4d0ddac55 h1:jbGlDKdzAZ92NzK65hUP98ri0/r50vVVvmZsFP/nIqo=
Where "h1" is an upgradeable hash (h1 is SHA-256). If there's ever a problem with h1, the hash can be simply upgraded.
Git's documentation describes how to sign a git commit:
$ git commit -a -S -m 'signed commit'
When signing a git commit using the built in gpg function the project is not rehashed with a secure hash function, like SHA-256 or SHA3-256. Instead gpg signs the SHA-1 commit digest directly. It's not signing the result of a secure hash algorithm.
SHA-1 has been considered weak for a long time (about 17 years). Bruce Schneier warned in February 2005 that SHA-1 needed to be replaced. Git development didn't start until April 2005. Before git started development, SHA-1 was identified as needing deprecation.