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The difference between the free and paid (pro) version is that the free version is limited to web formats such as MPEG4/H.264 at up to 720p while the pro version has a much wider range of output options, includes project sharing, 3D stereoscopic output, user-definable project locations, rendering and Hardware I/O support.

It's also worth mentioning that Lwks announced a while back that Lightworks will become open source. That was four years ago and I'm not entirely sure what's the current status of that, but hopefully Lightworks will go GPL at some point.

Lightworks 11.5 running under Ubuntu 14.04

• import, Render and Export as background tasks;
• added support for Retina displays;
• YouTube export option including direct upload;
• AC3 audio decode support removing the need for third party decoders;
• fully customizable user interface;
• smarter menus with fast access Export and FX favourites;
• powerful new Multicam improvements;
• playback controls added to source and edit viewers;
• much more!

• Debian Distros: Ubuntu/Lubuntu/Xubuntu 13.10, Mint 15, 16;
• RPM Distros: Fedora 18, 19;
• Chipset: Intel i7 chipset or faster, fast AMD chipset;
• Memory: 3GB RAM or higher;
• Screen: Two high-resolution displays (1920 x1080) or above;
• Graphics card: PCI Express graphics card (NVIDIA or ATI) with 1GB or higher and support for OpenGL;
• Storage: Separate media and system drives (these can be internal or external as long as the the interface is suitably fast: eSATA Firewire 800);
• Sound: Compatible sound card and an audio monitoring system;
• Optional: Lightworks Console;
• Optional Lightworks keyboard;
• System drive: 200MB Disk space for Lightworks installation;
• Internet: Internet connection for activating Lightworks (first time only).

Download Lightworks 11.5 for Linux or Windows

"The release of Lightworks version 12 marks a unique milestone in that for the first time, the same version runs on the Windows, Linux and Macintosh platforms - a unique achievement for a professional, fully featured NLE.

As a result of Lightworks' intelligent software architecture, new features and fixes for all three versions will be available virtually at the same time, barring operating system-specific issues"

via

• Same experience on all three platforms;
• Added new Content Manager structure:
  • Bins and Groups (previously racks) are now all visible within the content manager;
  • Multicam Bins (previously Sync groups) are now all visible within the content manager;
  • The Search function has been incorporated into the content manager (click the magnifying glass);
  • Added Clips, Subclips, Prints, Syncs, Edits, Searches, Everything and Recent filters to the content manager;
  • Added ability to create and edit Filters;
  • Added ability to create Filters based on search criteria and manage them;
  • Added the ability to drag/drop files from the OS directly into an open bin (cannot import to Filters);
  • Added the ability to import directly into an existing bin (cannot import to Filters);
  • And much more!
• Optimised the drawing pipeline to create a much more responsive user interface;
• Rewritten the Lightworks Play engine for improved playback performance;
• Added improvements to the export panel to make it easier to select a format for export;
• Added entirely new Blur effect to the Effects panel;
• Added powerful new Colour Correction effect;
• Added powerful new Selective Colour Correction effect;
• Added import of Final Cut Pro 7 XMLs;
• Added 4K support for ProRes formats (Blackmagic cameras).

Download Lightworks

• Ubuntu/Lubuntu/Xubuntu 14.04, Mint 17 and Fedora 20
• Intel i7 / fast AMD CPU
• 3GB RAM or higher
• Two high-resolution displays (1920 x1080) or above
• PCI Express graphics card (NVIDIA or ATI) with 1GB or higher
• Separate media and system drives (these can be internal or external as long as the the interface is suitably fast
• 200MB Disk space for Lightworks installation