IOTL, the invention of the torpedo led to the development of new kinds of combat vessels -- the torpedo boat, a small, fast, lightly-armoured craft specialising in launching torpedoes, and the destroyer, a bigger boat with quick-firing guns designed to keep torpedo boats away from the navy's capital ships. Nevertheless, naval warfare in general still revolved around warships carrying big guns, and continued to do so until the aircraft carrier became dominant during WW2.
Let's say that a navy decides to go all-in with the torpedo concept, relying on these instead of guns as their primary fleet weapon. Eschewing big pre-Dreadnought and Dreadnought-style battleships, they use the resources to build swarms of torpedo boats instead. Of course, a torpedo boat would have a difficult time surviving a direct hit from a battleship's guns, so the idea would be to rely on speed and numbers to avoid taking unsustainable losses, meanwhile saturating the water with so many torpedos that the comparatively big and cumbersome enemy battleships wouldn't be able to avoid them.
My question is simply -- how would such a navy perform against a more conventional, battleship-based force? Would the big enemy ships be holed beneath the line and sink to a watery grave, or would the torpedo boats be blown away by their adversaries' superior firepower?
Let's say that a navy decides to go all-in with the torpedo concept, relying on these instead of guns as their primary fleet weapon. Eschewing big pre-Dreadnought and Dreadnought-style battleships, they use the resources to build swarms of torpedo boats instead. Of course, a torpedo boat would have a difficult time surviving a direct hit from a battleship's guns, so the idea would be to rely on speed and numbers to avoid taking unsustainable losses, meanwhile saturating the water with so many torpedos that the comparatively big and cumbersome enemy battleships wouldn't be able to avoid them.
My question is simply -- how would such a navy perform against a more conventional, battleship-based force? Would the big enemy ships be holed beneath the line and sink to a watery grave, or would the torpedo boats be blown away by their adversaries' superior firepower?