What we want, is for the silver to leave the anode, then react in solution and come out of solution as nanoparticles, still floating in the distilled water, and then stay there.
Plate-out is where the silver leaves the anode, goes into solution and then plates out (leaves the solution) onto the cathode as silver crystals or silver oxide, neither of which is desirable; because the silver is lost to the colloidal silver solution and in any case the particles are far too big to be useful.