Unless it's really high traffic, no. For your typical blog, a simple shared hosting account will do just fine.
You need a computer, an internet connection and a registration with a blog hosting site (or your own hosting from which to have the blog). Then you need a topic or something you want to write about. A title helps too.
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One can purchase managed application hosting from many sources online. The most popular place to purchase managed application hosting online, is from Amazon.
Managed dedicated hosting was established around 1997. Managed dedicated hosting is a is a well established option for those that do not want to worry about server management responsibilities.
First you'll need to purchase a domain name. Then you'll have to change the DNS pointers to the hosting servers that your blog is stored in. You can find that information usually in you admin panel or you can ask the hosting service support team to help you with that. You'll also need the hosting service to update the domain name for your blog. Again you can ask the support team to help you out with that.
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99.99% uptime for a linux based hosting is possible,but as you need this option backup serbers will have to be inforced making this option quite expensive.
Blog web hosting is where your blog actually 'sits' in the world on internet and different websites. To have a successful blog would include making sure you have an attractive website and good content to attract attention.
One can get web hosting services for a small blog for free at sites such as Blogger and WordPress. One might also pay about $3 to $4 a month for blog hosting at websites like Web Hosting Hub and Host Gator.
There are several places where a person can find out more about managed Linux hosting. Websites such as, liquidweb, hostaway, and ixwebhosting all have information about Linux hosting.
Wordpress and blogger are both website hosting services. Go there to make your blog.