If you want to delete all your commit history but keep the code in its current state it is very safe to do it as in the following:
Checkout
git checkout --orphan latest_branch
Add all the files
git add -A
Commit the changes
git commit -am "commit message"
Delete the branch
git branch -D master
Rename the current branch to master
git branch -m master
Finally, force update your repository
git push -f origin master