vShare will work on latest Linux versions. If your OS is old, you will find it difficult to install latest ffmpeg, mencoder, etc...
We suggest you to get hosting with cpanel. With out any control panel works well too. On servers with Plesk (Odin) control panel there is problem with upload progess bar, we do not recommend Plesk servers for hosting vShare.
HostOnNet have all software needed for vshare pre installed
For vShare and Requirements installation, visit