AgNO3→Ag++NO3− (aqueous solution)
At cathode : Ag(aq)+e−→Ag;E∘=+0.80V 2H2O(l)+2e−→H2+2OH−;E∘=−0.83V
Since reduction potential of Ag+ is higher than H2O,Ag+ are reduced to Ag.
At anode : Ag→Ag(aq)++e−;E∘=−0.80V 2H2O→O2+4H++4e−;E∘=−1.23V
Since oxidation potential of Ag is higher than H2O, Ag of silver anode is oxidised. The oxidation potential of NO3− is lower than H2O.